Zoho Books Setup with Opening Balances

Zoho Books Setup with Opening Balances

Hello Zoho Books Community,

  1. We started using Zoho Books on 1 July 2023.
  2. Unfortunately, the initial setup was not done properly as no opening balances were recorded, and some transactions were migrated over from Zoho Invoices.
  3. We now have the trial balance as of 30 June 2023 and wish to properly configure the opening balances to align with our current setup.

Could you please advise on the best way to input these opening balances without affecting the bookkeeping data from 1 July 2023 onwards? Any detailed steps or best practices would be greatly appreciated.

Thank you in advance for your assistance!

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