# How to Add the Opening Balance in Xero

> To add opening balances in Xero, navigate to Accounting and select Advanced. Next, open Conversion Balances, enter your bank account details into the debit column, review your input, and save your changes to successfully update your account balances.

Canonical: https://livedemo.ai/tutorials/how-to-add-the-opening-balance-in-xero/
Apps: Xero
Updated: 2026-10-05
Interactive demo: https://story-api.livedemo.ai/workspaces/62255d3d3304f17b8f5e2d03/stories/692a2f19d673bd5aa8e61401/preview?step=1

## Steps

1. On Xero's main dashboard, head over to the top menu bar and click 'Accounting'.
2. Choose 'Advanced' from the list of options.
3. Following that, tap 'Conversion Balances'.
4. Enter the opening balance for each bank account. Type the details into the debit column.
5. Once done, review your input and click save.
6. After completing these steps, the opening balances of your banks will be added to your Xero account.