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Migration setup

Set opening balances when moving from another platform

Migrating businesses can enter balance-sheet opening balances account by account so reports align before go-live.

Existing businesses can start with accurate historical balances.

New businesses can mark the setup step complete when no balances exist.

Reports begin from a controlled migration baseline.

Workflow

How teams usually use it

These pages focus on the capabilities inside the accounting app itself, not internal operations or onboarding constraints.

1

Review your last signed-off trial balance.

2

Enter balance-sheet opening balances by account.

3

Save each changed row and reconcile totals before go-live.

Only needed when there is history

A brand-new business generally does not need opening balances. A business migrating from another system usually does.

Use the setup checklist to mark it done for new businesses.

Use the opening balances page for existing business migration.

Reconcile against signed-off balances before creating live reports.

Works with seeded and custom accounts

CashyNest provides the accounts needed for core workflows, while paid plans can extend the chart where customization is required.

Free plans can use default system accounts.

Paid plans can include custom accounts where allowed.

Opening balances post against the migration equity baseline.

Keep learning

Read the operational guide for opening balances.

The docs app includes setup sequence, controls, mistakes to avoid, and practical workflow guidance for this area.