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Why does Opening Bank Balance report as Nil?
Sandra McCarthy avatar
Written by Sandra McCarthy
Updated over 3 months ago

If the Opening Bank Balance reports as Nil:

  • Check to see if the Nil balance is being reported correctly from the closing balance of the previous period by running a Balance sheet report

  • If it is Nil in Calxa, check if it the Balance sheet is correct with the data in the Accounting file

  • If the Accounting File is different to Calxa, run the Sync to bring the data through to Calxa

  • If the closing balances for the previous period in the accounting file are also Nil, this may need to be updated by adding a Journal to create opening balances.

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