[moneydance] balancing an account - the basics

[Fuzzy Fox]

Rob <rob at electrolund.com> wrote:
>
> 1) Does this mean I must always balance sequentially, i.e.,
>    can't do any balancing out of order?

That's right.  I'm not really sure how you would expect to make sense of
things if you didn't do them in order.

> 2) Where does the very first opening balance come from?

It is the sum of all your "cleared" (checkmarked) transactions. 
Therefore it is the result of all your previous balancing.

-- 
 Fuzzy Fox <fox at foxtaur.com>
  "Why a man would want a wife is a big mystery to some people.
   Why a man would want two wives is a bigamystery."