Suspense Account - journalling out opening balance entries

Hi @GUCycles

You would need to tell QuickFile where the values come from. For example, if you have £1,000 as an opening balance - where has that £1,000 come from? Would it have been from previous sales invoices, could it have been a loan, or something else?

You will need to journal the opening balance to the nominals that are relevant to the source of that money.

If you came from another system (e.g. Xero or Sage), then you may wish to take a look at our guide to getting started.

I hope this helps