# Opening balances: other accounts (the Other expenses tab)

URL: https://bimpsoft.com/en/help/getting-started/opening-balances-other-accounts/
Updated: 2026-11-06

> The "Other expenses" tab of the "Opening balances" document is for balances on accounts that have no separate tabs: prepaid expenses, settlements with other creditors and so on. Specify the accounting account, movement type (debit or credit), currency and amounts.

## What you enter on the "Other expenses" tab

The "Other expenses" tab of the "Opening balances" document collects balances on accounts that have no tabs of their own (goods, money, settlements, taxes, assets). It shows, for example, rent debt, accrued loan interest or prepaid expenses.

**Example.** "Agro-Pro" rents an office and on the transition day has a prepayment for rent for two months ahead, 40,000 UAH. This is neither goods nor a debt to a supplier of goods, so the accountant enters the amount on "Other expenses" as "Prepaid expenses".

## Before you start

Prepare the trial balance from your previous program or Excel. Choose the accounts that have not yet been transferred on other tabs of the Opening balances document, see [Opening balances](https://bimpsoft.com/en/help/getting-started/opening-balances/).

## How to add a line

Open the "Other expenses" tab and click **Add**. Fill in the columns.

1. "Accounting account": choose an account from the Bimp chart of accounts, for example "Prepaid expenses" or "Settlements with other creditors".
2. "Movement type": "Debit" if it is your asset or you are owed money, or "Credit" if it is your liability or you owe money.
3. "Currency": the currency the balance is recorded in.
4. "Amount": the amount in the chosen currency.
5. "Accounting amount": the amount in the accounting currency so that it matches the balance sheet.
6. Click **Save**.

![The "Other expenses" tab of the Opening balances document: in the "Movement type" column a list with the options "Credit" and "Debit" is open; next to it are the columns "Accounting account", "Currency", "Amount" and "Accounting amount"](https://bimpsoft.com/help/_img/ca7464e7-1d38-40db-902a-fb5a73aec15b.webp)

> [!NOTE] The tab is often used to balance the document: if after filling in all assets and liabilities a difference remains, it can be posted to the retained earnings account or another technical account.

If you are unsure which account to choose, consult a financial advisor or use the standard Bimp chart of accounts, where every account has a hint.

## FAQ

**Which side of the balance should I choose: debit or credit?**

Debit if it is your asset or you are owed money. Credit if it is your liability or you owe money.

**What is this tab for?**

For balances on chart of accounts accounts that have no tab of their own in the document: for example, rent, loan interest, prepaid expenses. The tab helps to even out a difference in the balance sheet.

**Why is the tab called Other expenses if it holds arbitrary accounts?**

That is the name in the interface. The content of the tab is broader: any account from the Bimp chart of accounts that did not fit on the other tabs.