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Subject Author Date
OBE Balance Bgreer5050 01-05-2007
Posted by Bgreer5050 on January 5, 2007, 7:58 pm
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 Due to a reconciliation I have a $40 balance in my Opening Balance Equity
account. I beleive I should probably zero this out for the end of the year.
Do you agree and what is the best account to charge it to?

Thanks



Posted by Laura on January 5, 2007, 8:02 pm
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> Due to a reconciliation I have a $40 balance in my Opening Balance Equity
> account. I beleive I should probably zero this out for the end of the
> year. Do you agree and what is the best account to charge it to?

Most people believe that OBE should never have a balance in it. Double click
on the entry and research the entry out of balance causing it. Correct the
entry and your mysterous $40 balance will disappear.


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