In the previous parts of this series, we showed you how to set up a prior accounting period in ABRA Flexi and how to import a price list and inventory balances from Excel. The next step is entering the opening balances for bank accounts and cash registers, which is the focus of this article.

We covered how the bank and cash register ledger works in a separate article, which we will build on when entering opening balances for banks and cash registers. We therefore recommend entering the documents that set the opening balance directly in the Cash Register or Bank module, with a date that falls within the previous accounting period.

Switch to the previous accounting period (in our examples, the 2024 period) and open the Cash Register module. Click the New button to start entering documents. Enter a separate document for each cash register. From the list, select the required Document Type (STANDARD or a dedicated document type for opening balances) and the Cash Register. On the Accounting tab, select the correct analytical account from the chart of accounts (211xxx) as the Cash Register Account. Set account 395 (analytical account 395xxx) as the Contra Account for these documents. In the amounts table, enter the cash register balance in the field with the 0% tax rate.

If you have multiple cash registers, click Save and New and enter the balance for each additional cash register.

Documents entered this way meet all the requirements for the correct functioning of the Cash Register Ledger. A separate document is entered for each cash register. Each cash register has its own account, and the opening balance document for that cash register is also posted to that account. The documents are entered in the previous accounting period.

You set opening balances for bank accounts in the same way as for cash registers — the only difference is that you enter the documents in the Bank module instead of the Cash Register module.

Again, click the New button and select the Document Type and Bank Account from the list in the editing window. On the Accounting tab, enter the analytical account assigned to the bank account (221xxx) as the Bank Account. Again, select account 395 (analytical account 395xxx) as the Contra Account. Enter the balance in the amounts table, in the field with the 0% tax rate.

Enter a separate document for each bank account.

For future reference, we recommend uploading a PDF version of the bank statement to the Attachments section of these documents, so it is clear what the balances were based on.

If you want to use the online statement import for Fio Bank, you need to set an opening bookmark. One option is to set this bookmark directly on the "token" using the Fio Bank application (set it to 1 January 2025).

The second option is to use the Fio Bank API. The bookmark is set by accessing the following URL:

In this URL, "token" is the token for which you want to set the bookmark, and "yyyy-mm-dd" is the date you want to set the bookmark to, in yyyy-mm-dd format. If you want to set the bookmark for token 123456789 to 1 January 2025, use the following URL:

The easiest way to verify that opening balances have been entered correctly is to use the Account Balances accounting report. This report is located in the menu under Accounting → Accounting Reports → Account Balances. In the wizard, select the previous accounting period in which you entered the documents (2024) and click Finish.

A table will appear in which you can find accounts 211xxx and 221xxx. The Balance 12 column (which we recommend moving to the beginning of the list) should show the correct (expected) values.

Another report you should check is the Bank Ledger and the Cash Register Ledger respectively. Print them for each bank account and cash register as of the start date of the new accounting period (in our case, 1 January 2025). The opening balance shown in the ledger should again match the expected balance for the bank account or cash register. If everything matches here as well, you are all done.