Check opening balances

Does your company have previous fiscal years? If so, you must make sure that the opening balances are correct before you start entering bookkeeping records in Bokio. You can manage this in Settings → Set the opening balance for the first year. Remember that only the balance accounts (i.e. account classes 1 and 2) are to be entered here.

You will find the basis for entering the opening balance in your previous annual report, declaration, or balance report.

Bear in mind the following:

  • Accounts in class 1 (i.e. assets where there is a positive value) are set like this: 1200:10000. If it is a negative value, set it like this instead: 1200:-10000
  • When processing debt accounts in class 2, the reverse applies. Accounts where you have a debt should be stated like this: 2100:-10000. If the account has a negative opening balance, enter it like this: 2100:10000
  • For decimals, use a point, not a comma.
  • Once you’ve finished entering the details and have saved your work, always double-check the balance report to make sure that the assets and liabilities + equity are balanced (see the example above relating to imported bookkeeping records).

You can change these by entering each balance on a new line:
Account number 1:Amount
Account number 2:Amount

E.g.:
1200:10000
2100:-10000