Bank Account Starting Balance

Unless your bank account is brand new and no transactions have posted to it, most likely you will want to enter a starting balance in your Rentec account that matches your bank account to ensure bank reconciliation is accurate.

To enter a starting balance for your bank account, after you've added in this bank account under the Accounts tab, click on the balance amount to open the ledger and follow the link to Update Balance:

Bank Account Starting Balance

Then you will want to enter the beginning balance you will be working off of for future transactions in your Rentec Account:

update bank balance

Did this answer your question? Thanks for the feedback There was a problem submitting your feedback. Please try again later.