What are bank account balances

Bank Account Balances provide a detailed view of the financial position of each company account over time. This feature allows you to track historical balances, monitor fluctuations, and maintain accurate records for reporting and auditing purposes. It also supports multiple currencies, ensuring that each balance reflects the account’s original currency settings. 

From the Bank Account Balances view, you can easily see the date of each recorded balance, the exact amount, any associated comments, and details of the last update, including who made it and when. Editing and deleting entries is simple, and you can quickly add new balances to keep your records up to date. 

Viewing bank account balances 

To view balances, open the Bank Accounts module and select a bank account from the dashboard. Click Open to access its details, then select Bank Account Balances in the navigation header. 

Balances are displayed by year, showing the Date, Amount, Comment, and Last Change information. Icons at the end of each row let you edit or delete entries, and the Add New button in the top right corner allows you to create new balance records. 

How to add a new account balance 

To add a new balance, go to the Bank Account Balances tab and click Add New. A modal window will appear. Complete the following fields: 

• Balance On (required) – Select the date of the balance using the date picker. 
• Amount (required) – Enter the balance value. The currency shown will match your account settings (e.g., GBP, EUR, USD). 
• Comment – Optionally, include notes or relevant details about this balance. 

Once all required fields are filled, click Save. 

How to edit the account balance 

To edit an existing balance, click the … (Edit) icon at the end of the row. A modal window will open, allowing you to update the information. After making the necessary changes, click Save. 

How to delete an account balance 

To remove a balance entry, click the … (Trash) icon at the end of the row. A confirmation window will appear—click OK to permanently delete the record.