Sign up   Login

Online business management and accounting for SME, accountants and freelancers.

Online 24/7 and 365 days.

Software as a Service.

100% Swiss Made.

Accounting in a new way.

More than just accounting.

Sign up for free

4. Create opening entries

To open your accounts, create book entries in the journal on the first day of the very first fiscal period with the account «9100 Opening balance». This is a neutral account which doesn’t appear in your balance sheet.

The book entry to add CHF 20'000.00 to your bank account would be «1020 Bank / 9100 Opening balance, CHF 20'000.00».

Create the opening entries for all the accounts in your balance sheet. Now you are ready to start with your bookkeeping. You only have to do this once, when you start the accounting with CashCtrl.




Next step