[Closed] How can I enter an Opening Balance for a new Fund(s)

How can I enter an Opening Balance for a new Fund(s)

By default, all Account opening balances are credited to your General Fund. However, you can create a Fund Transfer (Transfers > Funds and Event Transfers) to allocate a portion of the General Account opening balance (held in your General Fund) to one or more additional Funds.

• Details: Enter a description for the Fund Transfer
• Date: Your new Fund opening balance date (Note that you may need to temporarily set your Financial Year-End to an earlier period if the date is in a prior-year and age-locked: Go to Setup>Organisation)
• Amount: The new Fund opening balance
• Fund From: General Fund
• Fund To: Your new Fund

- This will reduce your General Fund balance and increase your new Fund balance.
- You can enter additional transfer lines if you have more that one Fund.
- Your General Account balance will not be affected.