User Support Forum

I have an account that is not a budgeted item. An "in and out" account. It carries a balance from years previous. How do I enter that and then carry it over into the next year? PC 10 user

To enter the beginning balance from years previous debit the appropriate asset account and credit a temporarily restricted equity account. To carry the balance forward to future years you will need to make sure that the close to accounts on the corresponding income and expense accounts are set to close into the temporarily restricted equity account you set up.