In Haibooks, Opening Balance is the way to add the opening balances from your previous accounting system. It allows you to make adjustments on the bank accounts. You can only add an opening balance once.
How to add an Opening Balance ?
Select Accounting from the side bar menu and then Journals from the drop-down menu.
Click on Add Opening Balance.
Complete the information such as Issue Date and Reference.
How to Save an Opening Balance ?
If you are happy with your Opening Balance, you can click on Save & Approve and the Opening Balance will be added to your Posted tab.
If the information of the Opening Balance is incomplete or if you want to finish it later, you can click on Save as Draft and you will find the Opening Balance in the Drafts tab.