Opening balance is $0 on the earliest date transaction. So why the negative value?

In a brokerage account, the earliest transaction (predating all others) is a "Deposit" entry of $0 for the "Opening Cash Balance". However, the Cash Balance column on that line already shows a negative value. Where is the negative amount coming from? The account is not linked to any other cash accounts.

Thinking I'd work around it, I clicked on the "Cash Balance" link on the lower right and attempted to "Update Cash Balance" to $0 on that account start date. But no adjusting transaction shows up.

Any ideas?


  • UKR
    UKR SuperUser ✭✭✭✭✭

    Has that brokerage account ever been trimmed by running Year End Archive against it which resulted in old cash/bank transactions being moved off to an Archive File, yet retaining investment transactions and their impact on your cash balance?
    I have the same situation in my brokerage account which I YEA-archived back in 2008. As a result, the Opening Balance in 2008 is a huge negative amount, yet the account reconciles correctly and shows correct recent cash balances.

    Does your account balance / reconcile correctly to today's or last month end balance?

  • Shannon M M
    Shannon M M Member ✭✭
    edited March 17
    No. I didn't do a year end backup. But a couple of days ago I was instructed to do a
    "validate and repair" because a bunch of blue dots were showing up where there was no new activity after the application update on 3/15 (though the log only showed category errors). Could that have anything to do with it?
    Just for yucks, I just changed the opening balance entry from a $0 Deposit to a negative Withdrawal to see if it would have any impact on the Cash balance column entry. No joy. Nothing seems to effect it.

    (And the blue review dots are still showing up willy-nilly!)