Im struggling with this:
Credit card is set up as a liability: If i set the opening balance as zero for the date of the new financial year (apr 1) then i can see that my credit card spends and payments to pay it off from bank account (inter account transfer) are a perfect match as in they leave a balance owed that the next months credit card bill agrees with.
If however i set up a starting balance for the card as dictated by the first statement of the year (balance brought forward, less any payment made plus any new spends during that previous month) then the balance no longer agrees with the subsequent statement opening balance
Any help would be appreciated, thanks Rich