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		<title><![CDATA[FrontAccounting forum — The Opening Balance is not in balance]]></title>
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		<description><![CDATA[The most recent posts in The Opening Balance is not in balance.]]></description>
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			<title><![CDATA[The Opening Balance is not in balance]]></title>
			<link>https://frontaccounting.com/punbb/viewtopic.php?pid=43484#p43484</link>
			<description><![CDATA[<p>I likely made a mistake when I started this new company...</p><p>I was looking at 2024 Trial Balance and get the message </p><p>The Opening Balance is not in balance, probably due to a non closed Previous Fiscalyear.</p><p>This is the First year... BUT I made it by deleting previous years from my store, it just change ownership structure</p><p>The non-zero values in the BROUGHT FORWARD are Checking Accounts, Receivables, Inventory, Sales Tax Liabilities (from previous year)<br />and loans from shareholders... oops the last one I may need to void out</p><p>So since I am explain all these, then it is ok and I should not have to worry about it in the future?</p><p>I also noticed that I have some open balances that should have been $0<br />There were no transactions against that, so I was wondering if I could edit the Opening balance to 0</p><p>Tom</p>]]></description>
			<author><![CDATA[null@example.com (tom)]]></author>
			<pubDate>Sat, 04 Jan 2025 15:05:05 +0000</pubDate>
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