How to Edit the Opening Balance of a Bank Account

Objective:

• Change Opening Balance of an account
• Edit the starting amount in the Account
• Update balance in Opening Account

Environment:

• Clio Manage

Additional Information:

• If the account does not have a starting balance, create a new transaction that is not tied to a Client or Matter and backdate it so it is the first transaction in the account. For example, if your first transaction in the selected bank account is for August 8th, 2011, backdate the new transaction to August 7th, 2011.
  
  
• To remove/disburse funds from the account instead, click here: 
  • How to Disburse Trust Funds
  • How to Disburse Funds from an Operating Account

Procedure:

1. Click on Accounts
2. Click into the Account the opening balance needs to be changed in
3. Navigate to the First Transaction added
   • You can click on the Date column to bring this transaction to the top
4. Click Edit
5. Fill out the Amount
6. Click Save Transaction