How does Float get my starting balance?

The historic opening/closing balances in Float are calculated from the current 'Total Cash' figure.

The way this works is by taking the balance as of today and work backwards, adding/subtracting the reconciled transactions. As Float only imports the reconciled/matched transactions if there are any unreconciled these won't show in Float and won't be included in the historic calculation.

This can lead to the historic balances displayed in Float differing from those shown in the accounting software, however once things are fully reconciled the calculation ties everything together.

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