--- title: Updates to Beginning Balances description: We've updated way that beginning balances function in Church360° Ledger. image: http://www.concordiatechnology.org/hubfs/Updates_to_Beginning_Balances-1.png --- [![CTS logo](https://www.concordiatechnology.org/hs-fs/hubfs/CTS-Images/CTS_Logo_Gray.png?width=500&height=75&name=CTS_Logo_Gray.png "CTS logo")](https://www.concordiatechnology.org/) [![Resource Center](https://no-cache.hubspot.com/cta/default/487463/3ced8e96-2cb7-4fb2-a892-3be2d095bead.png)](https://cta-redirect.hubspot.com/cta/redirect/487463/3ced8e96-2cb7-4fb2-a892-3be2d095bead) ![ledger-header-background](https://www.concordiatechnology.org/hs-fs/hubfs/_cts/360-ledger/ledger-header-background.jpg?width=2026&name=ledger-header-background.jpg "ledger-header-background") [# Product Updates | Church360° Ledger Blog ](https://www.concordiatechnology.org/church360/ledger/blog) [![Ledger-logo-grey20](https://www.concordiatechnology.org/hubfs/_cts/2024/cts-ledger-relaunch-assets/Ledger-logo-grey20.svg "Ledger-logo-grey20") ](https://www.concordiatechnology.org/church360/ledger) [![Start Free Trial »](https://no-cache.hubspot.com/cta/default/487463/1ce96632-b873-412b-96f1-980d0f2176a8.png)](https://cta-redirect.hubspot.com/cta/redirect/487463/1ce96632-b873-412b-96f1-980d0f2176a8) ** ## [Updates to Beginning Balances](https://www.concordiatechnology.org/church360/ledger/blog/2016/04/beginning-balances-updates) Apr 20, 2016 9:00:00 AM - [Tweet](https://twitter.com/share) ![Updates_to_Beginning_Balances-1.png](http://www.concordiatechnology.org/hs-fs/hubfs/Updates_to_Beginning_Balances-1.png?width=700&height=301&name=Updates_to_Beginning_Balances-1.png "Updates_to_Beginning_Balances-1.png")  We've updated way that beginning balances function in Church360° Ledger. This change will on be relevant to our new customers or customers who have not yet reconciled any of their Asset accounts. ### Setting Beginning Balances To set the initial balances, navigate to the settings cog and select Chart of Accounts. Fill in any Asset and Liability account information. Click "Submit" to record changes made to each line item. Once all line items have been updated, click "Save Changes" and "Confirm" to finalize your Chart of Accounts. After saving your changes, click the  yellow "Confirm Balances" button. Enter your date of confirmation and then click "Confirm" again to finalize your changes.   [![confirming_beginning_balances.gif](https://www.concordiatechnology.org/hs-fs/hubfs/Blog/Church360_Ledger_Blog/2016/04/confirming_beginning_balances.gif?width=700&height=463&name=confirming_beginning_balances.gif "confirming_beginning_balances.gif")](https://www.concordiatechnology.org/hubfs/Blog/Church360_Ledger_Blog/2016/04/confirming_beginning_balances.gif?t=1461156668497) ### Changing Beginning Balances If, after entering transactions, you realize that you made an error in entering beginning balance information, you may reset your beginning balance amounts by going to the settings cog and selecting Chart of Accounts. Please note that even if you change the beginning balance amounts, you will not be able to change the initial start date for your book. Additionally, any changes made to the beginning balances after initial confirmation will also appear in the Church360° Ledger [Event Log](https://www.concordiatechnology.org/hubfs/Blog/Church360_Ledger_Blog/2016/04/Beginning_Balance_Changes_in_Event_Log.png).  [![changing_beginning_balances.gif](https://www.concordiatechnology.org/hs-fs/hubfs/Blog/Church360_Ledger_Blog/2016/04/changing_beginning_balances.gif?width=700&height=364&name=changing_beginning_balances.gif "changing_beginning_balances.gif")](https://www.concordiatechnology.org/hubfs/Blog/Church360_Ledger_Blog/2016/04/changing_beginning_balances.gif?t=1461156664773) ### Locking Beginning Balances **The beginning balance amount will lock after each Asset account is reconciled for the first time.****  **This means that after you [reconcile](https://360ledger.zendesk.com/hc/en-us/articles/206687037-How-do-I-reconcile-accounts-), you will not be able to change the beginning balance amount from the Chart of Accounts. If you attempt to change beginning balances after the point of reconciliation,a small symbol will appear above beginning balance field indicating that you are unable to edit the beginning balance amount. ###  [![locked_balances_after_reconciliation.gif](https://www.concordiatechnology.org/hs-fs/hubfs/Blog/Church360_Ledger_Blog/2016/04/locked_balances_after_reconciliation.gif?width=700&height=462&name=locked_balances_after_reconciliation.gif "locked_balances_after_reconciliation.gif")](https://www.concordiatechnology.org/hubfs/Blog/Church360_Ledger_Blog/2016/04/locked_balances_after_reconciliation.gif?t=1461156669548) We appreciate all the feedback our current customers have provided and hope this improves the startup experience for all new customers. If you have any questions or comments, please contact our support team at [support@cts.cph.org](mailto:support@cts.cph.org) or [800.346.6120](tel:18003466120). To receive product updates on a regular basis, please subscribe to our blog! You can choose to receive updates on an instant, weekly, or monthly basis. 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She's a graduate of Concordia University Chicago and the University of Colorado - Denver. In her free time, Anna enjoys fishing, reading, and a good cup of tea. Previous Post [Updates to Permission Roles](https://www.concordiatechnology.org/church360/ledger/blog/2016/03/ledger-permissions-redesign) Next Post [Updates to Budgets](https://www.concordiatechnology.org/church360/ledger/blog/2016/06/budget-updates) ### Church360° Ledger At Concordia Technology Solutions, we’re committed to helping our customers easily manage their church finances. 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