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MMB2023
Level 1

Can I go to opening balance, change the date to 1/1/23 to make sure my checking account beginning balance for this year is correct without affecting previous years?

I have done all bank reconciliations for this year and while they match the statement, the GL and therefore Balance Sheet do not match. I see that the GL has not been correct for quite some time (I'm new). But instead of going back years, I'd like to start fresh this year and ensure that my bank beginning balance at 1/1/23 is correct. The only way I've seen this being possible is by going to the opening balance, changing the date to 1/1/23 and entering the correct amount. Can I do that, or will anything historically be negatively affected? Thanks!

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