Message When Editing Opening Balance

James114
James114 Member ✭✭✭
I've had to adjust the opening balance of my checking account several times recently because of some errors.
When I adjust the opening balance and save it I get"
'You are recording a transaction back into the same account. Save it?'

Just curious what this actually means. It allows me to save, which is fine.

James

Answers

  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
    That message is routine when you're recording any transaction that self-references the account where the transaction is happening.
    Just acknowledge it and move on;

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • splasher
    splasher SuperUser ✭✭✭✭✭
    It effectively makes it a transfer to itself and is not considered income or expense.  It is a good/proper message in this context.

    -splasher using Q continuously since 1996
    - Subscription Quicken - Win11 and QW2013 - Win11
    -Questions? Check out the Quicken Windows FAQ list

  • James114
    James114 Member ✭✭✭
    I see now.
    Thanks much,
    James
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