I am a newley qualified bookkeeper and I am just starting to do the books for my first client.
I have completed the first month on Sage. I have ran a P&L report and I have an amount under Suspense and Misposting. I have realised the amount is the opening balance of the bank account. When I set up the details for the bank account in Sage it asked me for an opening balance of which I put in this amount. I have realised that this was the incorrect way of doing it.
Is there any way I can get around this rather than having to start all over again?
Any help is much appreciated.