Migrating books between providers: tying opening balances to bank statements, with uncleared items

When books move between providers, the new ledger opens with the old provider's last balance sheet. Each bank and card balance on it must equal the bank's printed statement for that day, plus or minus uncleared items such as an uncashed check. The rule is difference = 0. An unexplained gap means the old books need another look first. That is a... Weiterlesen: Migrating books between providers: tying opening balances to bank sta…