Hi Jim. Unless you have paid for expenses from the bank account, you would expect the balance to be the starting balance plus income, no?
I’m wondering if your unexpected results are a misunderstanding of ‘expense claims’. The Expense Claims module is only for those expenses which you have paid from a non-business account (like a personal credit card for example). Basically you’re making a personal investment in the business each time you pay for something from personal funds, but your business bank account balance remains unchanged.
If you’re paying for expenses from your business bank account, don’t use Expense Claims. Use the ‘Spend money’ button instead, which can be found when viewing a purchase invoice or when viewing your bank account’s transactions (which you get to by clicking on ‘Bank Accounts’ and then clicking on the account balance).