Updating opening balances

When, in the opening balances, there are differences, visible in the row "Difference should be = 0 (blank cell)" or when in the previous accounting changes have been made, or when the profit or loss of the current year have not been allocated, it is necessary to update the opening balances.  

The update procedure is the same for the different cases:

• Open the file of the current year and in the Account2 menu, click on the "Update opening balances" command 

• Select the file of the previous year

• Select the account to which the result of the accounting year should be allocated

The program automatically updates the opening balances; the "Total assets" matches exactly the "Total liabilities".