How to Get the Latest Account Balance (**New)
You can now view your up-to-date account balance in Foreceipt. This balance is calculated automatically based on your initial balance and all activity since that date.
How the Balance Is Calculated
Foreceipt calculates your current balance like this:
Current Account Balance = Initial Account Balance
+ All Money In Since Initial Balance Date
– All Money Out Since Initial Balance Date
👉 If you have not set an initial balance, Foreceipt assumes 0 as the starting balance at the end of last year.
Where to Find Your Current Account Balance
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Log in to the Foreceipt web portal.
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Go to the Dashboard Balance section.
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Your current account balance will be shown there.
How to Set or Update Your Initial Balance
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On the above screen shot, click the Change Initial Balance button.
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Find the account you want to update.
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Enter the Initial Balance and select the Initial Balance Date.
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Save your changes.
Tips
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Use the web portal to set or edit your initial balance — this ensures Foreceipt calculates your balance correctly.
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Balances update automatically as you add or edit receipts and transactions.