3.17 Finalise opening/starting balance in Octopus

To finalise the opening balance and divide the amount from account 580000 over your financial journals, first open Octopus and navigate to the 'Journals' page.

Once complete, go to the tab 'Accounting' and click 'Financial journal'.

Fill in the following fields:

• Closing amount
• Type - select account 
• Value - enter account 580000
• Credit amount

The balance will be determined by the making a diverse booking in Vera. Here you can set the credit/debit to a waiting account, like account 580000: Interne overboekingen. Do the same in Octopus to set your balance to the correct values.

Once filled in, press tab and then press F12 - Perform.

Repeat this step for both bank accounts.

Check out 3.16 Opening balance through manual bookings to see how to add an opening balance through a diverse booking in Vera.