When you migrate to Zoho Books from another software, you must enter an opening balance for your organization. This opening balance, will be the last closing balance in that book of accounts i.e. closing balance as on the date of migration, in the exisitng software from that trial balance.
For example, If you are migrating to Zoho Books on 1st January 2017, and your closing balance as on 31st December 2016, from your existing accounting application is $10,000. This $10,000 will be your opening balance in Zoho Books.
To enter Opening Balances into Zoho Books :
Ensure that the balances are entered as on the date of migration.
In case a particular account is not available in the predefined list, you may add an account to be included in the opening balance.
To add a new account :
Online accounting software
for small businesses.