The opening balance

The opening balance gives the balances of the balance sheet accounts on the first day of the fiscal year: the money in the cash box and in the bank, the capital. You enter it for the club's first fiscal year. For the following fiscal years, GestiClub takes over the previous fiscal year's balances (see "Opening the next fiscal year").

Click Tools › Opening balance. The window is called Opening balances.

1. 1The searchby account number or name.
2. 2The list of accountsthe asset and liability accounts, with their opening balance (O/B). Click an account to choose it.
3. 3The account chosen and its balancetype the Opening balance in CHF; the Enter key confirms it and moves to the next account.
4. 4Show only accounts with a non-zero opening balancekeeps only the accounts already filled in.
5. 5The totalsthe total of the Assets and that of the Liabilities. If they differ, GestiClub shows the Difference in orange, on the assets or the liabilities side.

The totals must be equal: here 8'650.00 on each side, 450.00 in the cash box and 8'200.00 in the bank against the capital. Click Save: GestiClub records one opening entry per account (or a single multiple entry if the chart has no opening account), on the first day of the fiscal year, labelled "Opening balance" followed by the account. Assets are recorded on the debit side, liabilities on the credit side, against the opening account defined in the Finance settings.