A beginning balance is showing on financial statements prior to the date entered
The dates used when entering these balances are ignored. The date associated with the beginning balance reflects the first date ParishSOFT Accounting was first created.
Beginning balances are used to record your beginning balances when you initially start using the software. These amounts are the ending balances from your previous system. Regardless of the date entered, beginning balances will show on all years prior to the date you began using ParishSOFT Accounting.