thanks for the reply. I have been using Bank feeds to import the transactions. My bank statement shows a balance at the end of 30 June 2016 as $2115.21. The closing balance for the bank account in reckon one is $2067.59. Being a difference of $47.62. How can I adjust the closing balance to reflect my bank account balance so I can close out the year with the correct account balance and make sure the current financial year has the correct opening balance?