In HandiLedger, if your financials show an incorrect amount due to the opening transaction, you can do the following:
Log in to HandiLedger and select the entity and the year that is out-of-balance year.
Go to the View menu, then select Transactions.
Look for a Y in the Opening column, highlight the entry, and click Delete. (The entry is computer-generated and will recreate itself when you roll over later in this process).
Close the transaction window.
From the Entity menu, select Prior Years Accounts.
From the Entity menu, select Open Closed Year and OK to Accounting year re-opened.
Go to the View menu, then select Transactions.
Look for a Y in the Closing column, highlight the entry, and click Delete. (The process of opening the closed year should have deleted all computer-generated closing entries, and this step is to double-check that no other closing entries are still in the system).
Close the transaction window.
Go to the Reports menu, select Account Ranges.
Select the Purge button and answer Yes to both questions, then Close the window.
Go to the Tools menu, select Verify Accounts, then click Start.
You can run a set of accounts and check that they are in order by going to Reports, Chart of Accounts, Ok.
Go to Entity, Close Years Accounts to roll forward to the next year.
Warning: If you have new depreciation schedules and budget forecasts you will not want to overwrite them in the rollover process.