What 'Category' do I use for "Opening Balance"? Or do I leave it blank?

livegrace

Auto Update from bank shows it as a transfer back into same account.
Is that correct? do I do that for accounts I add manually?

jrich75

Typically, the name of the account in brackets.  In essence it is a cash transfer back into the account being opened.

jrich75

Typically, the name of the account in brackets.  In essence it is a cash transfer back into the account being opened.

Bob_L

Yes that is correct. A transfer back to itself is a way of entering a transaction without using cash, and it is therefore how you create opening balances.

livegrace

Thank you so very much. I search HELP high and low with no success...
I so appreciate the assist !