How to change the starting balance for a checking account
I am using Quicken 2018 on
Windows 10. When I initially set-up Quicken, I had planned on starting Quicken
with July 1 as the starting date. But after getting things set up I decided to
start on January 1 and put all my transactions in for an easier time with
taxes next year.
So in the initial set-up, I
used the balances from June 30 as the starting point for the checking and
savings accounts. Then, after deciding to start January 1, I set up all my categories
in January with the 12/31/17 balances and enabled rollovers. These were all
correct before I started entering transactions. I am entering everything manually
and do not import from my financial institution.
Here’s my problem: My checking account is showing that I have
way more money than I actually do. I’m wondering if it’s because when I entered
by checking and savings account balances in the initial set-up, I used the
balance from June 30, but that would now be incorrect since I later decided to
start entering transactions beginning January 1. How do I find and change that
initial balance? Or should I be looking for something else that’s making the
balance really off?