If you’re moving your accounting information into My School Books you may need to create an opening balance for money that was previously owed to you. Here’s what to do:

If the family owes you money (i.e. they pay after they receive lessons), follow these steps:

  1. Log into your My School Books account.
  2. Click the “Families & Invoices” menu item.
  3. Click the “+ Add Transaction” button and select the “Charge” option.
  4. Choose the family and specify the amount you’re owed in the “Amount” field. Provide a note that explains to the family what this amount is, such as “Opening Balance“.
  5. Click “Save“.

If the family has pre-paid for lessons (i.e. they pay before receiving lessons), follow these steps to create a positive balance:

  1. Log into your My School Books account.
  2. Click the “Families & Invoices” menu item.
  3. Click the “+ Add Transaction” button and select the “Payment” option.
  4. Choose the family and specify the family’s balance the “Amount” field. Provide a note that explains to the family what this amount is, such as “Opening Balance“.
  5. Click “Save“.