How to add a brought forward balance?

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How to add a brought forward balance? – Free Online Small Business Accounting Software Questions & Answers

Hi,
Sorry but I couldn’t find place to key in brought forward balance for accounts like payables, receivables, retained earning… May you please guide me how to complete this so that I can start switching to Bullet? Thanks.

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Peter Connor ⋅ Staff July 3, 2015
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Hi Jess, 

We keep it pretty simple. 
Bank Accounts: When creating your bank account you can add an opening balance 
Money Out: Just enter your outstanding bills. If mid VAT term, enter the ones from the last VAT return.
Money In: Just enter your due invoices/estimates. If mid VAT term, enter the ones from the last VAT return.
Payroll: Import the P2C file and we’ll set everyone up. 
That’s pretty much it. Hope that helps Jess – welcome to the Community. 

Pete 🙂

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