KCS - Why is the Opening Balance on my Statements of Account '0'?

Objective:

  • Why doesn't opening balance on Statements of Account show client Trust transactions?
  • Where is the opening balance value being pulled from?

Environment:

  • Clio Web App
  • Bills> Statement of Accounts

Additional Information:

The Opening Balance does not include client credits and trust balances, it only pulls in outstanding receivables.

Answer:

The Opening Balance when generating a Statements of Account will show the opening outstanding balance.

For example, if you selected a date range for the current month, the Opening Balance would show the remaining outstanding balance from previous months.

Was this article helpful?
This information is confusing or wrong
This isn't the information that I was looking for
I don't like this functionality