# Opening balances recording

**URL:** <https://forum.manager.io/t/opening-balances-recording/26590>\
**Category:** Uncategorized\
**Created:** [January 29, 2020, 2:06pm UTC](https://forum.manager.io/t/opening-balances-recording/26590 "2020-01-29T14:06:23Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![Elizabeth\_kibale](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/elizabeth_kibale/32/18432_2.png) [@Elizabeth\_kibale](https://forum.manager.io/u/Elizabeth_kibale)\
**Post date:** [January 29, 2020, 2:06pm UTC](https://forum.manager.io/t/opening-balances-recording/26590/1 "2020-01-29T14:06:23Z")

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Hello team,

can i please have the guidance on how to record opening balances within the same business account without opening another account as am moving to 2020 year of Income , so i want to have clear balances from the previous transactions done in 2019

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**Author:** ![Tut](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/tut/32/3286_2.png) [@Tut](https://forum.manager.io/u/Tut)\
**Post date:** [January 29, 2020, 2:17pm UTC](https://forum.manager.io/t/opening-balances-recording/26590/2 "2020-01-29T14:17:22Z")

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You do not do that in Manager, as it is a perpetual accounting system. Read this Guide: [Close an accounting period | Manager](https://www.manager.io/guides/7470).

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**Author:** ![Ealfardan](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/ealfardan/32/63166_2.png) [@Ealfardan](https://forum.manager.io/u/Ealfardan)\
**Post date:** [January 18, 2023, 2:57pm UTC](https://forum.manager.io/t/opening-balances-recording/26590/3 "2023-01-18T14:57:35Z")

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Closed on January 18, 2023, 2:57pm UTC