remove an opening balance.md
Remove an Opening Balance
If an opening balance was set incorrectly — either through the importer or during reconciliation — you can remove it from the Chart of Accounts.
{% stepper %} {% step %} Find the account
Go to Accounting → Chart of Accounts and find the account with the incorrect opening balance. {% endstep %}
{% step %} Remove the opening balance
Click the options menu (⋯) on the account and select Remove opening balance. {% endstep %}
{% step %} Confirm the removal
Confirm the removal in the dialog. {% endstep %} {% endstepper %}
{% hint style="danger" %} This permanently deletes the opening balance for that account. This action cannot be undone. {% endhint %}
The Remove opening balance option only appears on accounts that have an opening balance entry.
After removing
Removing an opening balance deletes both sides of the underlying journal entry — the balance on the account itself and the corresponding debit or credit on the offsetting account (e.g., Retained Earnings). If the account is linked to a connected financial account, its stored opening balance is also cleared.
To set a new opening balance, re-import via Accounting → Balance Sheet → Import balances, or complete a bank or credit card reconciliation.