Opening balance sheet reset for forecast review
This page targets searches such as “opening balance sheet reset forecast,” “reinitialize opening balance forecast,” and “wrong opening BS forecast.” Resetting the starting point is often cleaner than patching many later-period symptoms.
When should I reset opening balance sheet inputs?
- The imported TB used the wrong month or incomplete account list.
- Cash, debt, AR, AP, tax, or equity balances were mapped with the wrong sign.
- A sample scenario was loaded and should not be mixed with the current company data.
- The Checks tab shows a mismatch before any future transactions are added.
What should be preserved?
Keep a copy of assumptions that are still useful, but rebuild the opening position from a clean TB or manually reviewed starting BS. The starting point is the base for every forecast period.
How Statement Engine fits
Use the free web workflow to review the opening BS before exporting Excel. Workbook output is most useful after the starting position is stable.