The Starting Balances feature, found under the Settings tab, allows you to set up starting balances for all your accounts and subsidiary ledgers.
Many users prefer to establish their starting balances using a journal entry. However, this can result in overly long journal entries.
Starting balances involve more than just debits and credits. If you are using the Inventory Items tab, you might want to set up starting balances for Qty on Hand, Qty to Deliver, and Qty to Receive. These are starting balances for management purposes, not accounting purposes.