diff --git a/app/Http/Controllers/Settings/AccountController.php b/app/Http/Controllers/Settings/AccountController.php
index b0d04306..dea20f62 100644
--- a/app/Http/Controllers/Settings/AccountController.php
+++ b/app/Http/Controllers/Settings/AccountController.php
@@ -38,12 +38,23 @@ class AccountController extends Controller
     public function store(StoreAccountRequest $request): RedirectResponse|JsonResponse
     {
         $user = auth()->user();
+        $validated = $request->validated();
+        $balance = $validated['balance'] ?? null;
+        unset($validated['balance']);
+
         $account = $user->accounts()->create([
-            ...$request->validated(),
+            ...$validated,
             'encrypted' => false,
             'name_iv' => null,
         ]);
 
+        if ($balance !== null) {
+            $account->balances()->create([
+                'balance_date' => now()->toDateString(),
+                'balance' => $balance,
+            ]);
+        }
+
         // Set user's currency_code from first account
         if ($user->accounts()->count() === 1) {
             $user->update(['currency_code' => $account->currency_code]);
@@ -53,7 +64,7 @@ class AccountController extends Controller
             return response()->json($account, 201);
         }
 
-        return to_route('accounts.index');
+        return back();
     }
 
     /**
diff --git a/app/Http/Requests/Settings/StoreAccountRequest.php b/app/Http/Requests/Settings/StoreAccountRequest.php
index 44fa8cd3..4b529b0e 100644
--- a/app/Http/Requests/Settings/StoreAccountRequest.php
+++ b/app/Http/Requests/Settings/StoreAccountRequest.php
@@ -37,6 +37,7 @@ class StoreAccountRequest extends FormRequest
                 'string',
                 Rule::in(array_map(fn ($type) => $type->value, AccountType::cases())),
             ],
+            'balance' => ['nullable', 'integer'],
         ];
     }
 }
diff --git a/lang/es.json b/lang/es.json
index 43413393..4a4183aa 100644
--- a/lang/es.json
+++ b/lang/es.json
@@ -838,6 +838,7 @@
     "Only you know this password. It never leaves your device.": "Solo t\u00fa conoces esta contrase\u00f1a. Nunca sale de tu dispositivo.",
     "Open menu": "Abrir men\u00fa",
     "Open source": "C\u00f3digo abierto",
+    "Optional. Set the current balance for this account.": "Opcional. Establece el balance actual de esta cuenta.",
     "Or, return to": "O, regresar a",
     "Organize financial data with categories and custom labels": "Organiza datos financieros con categor\u00edas y etiquetas personalizadas",
     "Organize financial data with categories and\\n                                    custom labels": "Organiza los datos financieros con categor\u00edas y etiquetas personalizadas",
diff --git a/resources/js/components/accounts/account-form.tsx b/resources/js/components/accounts/account-form.tsx
index e9912dff..53ca58c8 100644
--- a/resources/js/components/accounts/account-form.tsx
+++ b/resources/js/components/accounts/account-form.tsx
@@ -1,3 +1,4 @@
+import { AmountInput } from '@/components/ui/amount-input';
 import { Input } from '@/components/ui/input';
 import { Label } from '@/components/ui/label';
 import {
@@ -10,6 +11,7 @@ import {
 import {
     ACCOUNT_TYPES,
     CURRENCY_OPTIONS,
+    balanceTermCapitalized,
     formatAccountType,
     type AccountType,
     type Bank,
@@ -20,12 +22,20 @@ import { useCallback, useEffect, useState } from 'react';
 import { BankCombobox } from './bank-combobox';
 import { CustomBankData, CustomBankForm } from './custom-bank-form';
 
+const BALANCE_ACCOUNT_TYPES: AccountType[] = [
+    'investment',
+    'loan',
+    'retirement',
+    'savings',
+];
+
 export interface AccountFormData {
     displayName: string;
     bankId: number | null;
     type: AccountType | null;
     currencyCode: CurrencyCode | null;
     customBank: CustomBankData | null;
+    balance: number | null;
 }
 
 interface AccountFormProps {
@@ -65,6 +75,10 @@ export function AccountForm({
     const [customBankData, setCustomBankData] = useState<CustomBankData>(
         initialCustomBankData,
     );
+    const [balance, setBalance] = useState<number | null>(null);
+
+    const showBalanceField =
+        selectedType !== null && BALANCE_ACCOUNT_TYPES.includes(selectedType);
 
     useEffect(() => {
         onChange({
@@ -73,6 +87,7 @@ export function AccountForm({
             type: selectedType,
             currencyCode: selectedCurrency,
             customBank: isCreatingCustomBank ? customBankData : null,
+            balance: showBalanceField ? balance : null,
         });
     }, [
         displayName,
@@ -81,6 +96,8 @@ export function AccountForm({
         selectedCurrency,
         isCreatingCustomBank,
         customBankData,
+        balance,
+        showBalanceField,
         onChange,
     ]);
 
@@ -215,6 +232,27 @@ export function AccountForm({
                     </Select>
                 </div>
             </div>
+
+            {showBalanceField && selectedCurrency && (
+                <div className="space-y-2">
+                    <Label htmlFor="balance">
+                        {balanceTermCapitalized(selectedType!)}
+                    </Label>
+                    <div className="mt-1">
+                        <AmountInput
+                            id="balance"
+                            value={balance ?? 0}
+                            onChange={setBalance}
+                            currencyCode={selectedCurrency}
+                        />
+                    </div>
+                    <p className="pl-1 text-xs text-muted-foreground">
+                        {__(
+                            'Optional. Set the current balance for this account.',
+                        )}
+                    </p>
+                </div>
+            )}
         </>
     );
 }
diff --git a/resources/js/components/accounts/create-account-dialog.tsx b/resources/js/components/accounts/create-account-dialog.tsx
index f0f4393a..9227c1f7 100644
--- a/resources/js/components/accounts/create-account-dialog.tsx
+++ b/resources/js/components/accounts/create-account-dialog.tsx
@@ -46,6 +46,7 @@ export function CreateAccountDialog({
         type: null,
         currencyCode: null,
         customBank: null,
+        balance: null,
     });
 
     const handleFormChange = useCallback((data: AccountFormData) => {
@@ -140,6 +141,9 @@ export function CreateAccountDialog({
                     bank_id: finalBankId,
                     type: type,
                     currency_code: currencyCode,
+                    ...(formDataRef.current.balance
+                        ? { balance: formDataRef.current.balance }
+                        : {}),
                 },
                 {
                     onSuccess: () => {
diff --git a/tests/Feature/Settings/AccountTest.php b/tests/Feature/Settings/AccountTest.php
index 605d6972..5a2d9e48 100644
--- a/tests/Feature/Settings/AccountTest.php
+++ b/tests/Feature/Settings/AccountTest.php
@@ -8,6 +8,7 @@ use App\Models\User;
 
 use function Pest\Laravel\actingAs;
 use function Pest\Laravel\assertDatabaseHas;
+use function Pest\Laravel\assertDatabaseMissing;
 
 beforeEach(function () {
     $this->user = User::factory()->create();
@@ -42,7 +43,7 @@ it('can create a new account with plaintext name', function () {
 
     $response = $this->post(route('accounts.store'), $data);
 
-    $response->assertRedirect(route('accounts.index'));
+    $response->assertRedirect();
     assertDatabaseHas('accounts', [
         'user_id' => $this->user->id,
         'bank_id' => $this->bank->id,
@@ -195,3 +196,70 @@ it('prevents deleting another users account', function () {
     $response->assertForbidden();
     assertDatabaseHas('accounts', ['id' => $account->id]);
 });
+
+it('can create an account with an initial balance', function () {
+    actingAs($this->user);
+
+    $data = [
+        'name' => 'My Savings Account',
+        'bank_id' => $this->bank->id,
+        'currency_code' => 'USD',
+        'type' => AccountType::Savings->value,
+        'balance' => 150000,
+    ];
+
+    $response = $this->post(route('accounts.store'), $data);
+
+    $response->assertRedirect();
+
+    $account = Account::where('user_id', $this->user->id)
+        ->where('name', 'My Savings Account')
+        ->first();
+
+    expect($account)->not->toBeNull();
+
+    assertDatabaseHas('account_balances', [
+        'account_id' => $account->id,
+        'balance_date' => now()->toDateString(),
+        'balance' => 150000,
+    ]);
+});
+
+it('creates account without balance record when balance is not provided', function () {
+    actingAs($this->user);
+
+    $data = [
+        'name' => 'My Investment Account',
+        'bank_id' => $this->bank->id,
+        'currency_code' => 'USD',
+        'type' => AccountType::Investment->value,
+    ];
+
+    $response = $this->post(route('accounts.store'), $data);
+
+    $response->assertRedirect();
+
+    $account = Account::where('user_id', $this->user->id)
+        ->where('name', 'My Investment Account')
+        ->first();
+
+    expect($account)->not->toBeNull();
+
+    assertDatabaseMissing('account_balances', [
+        'account_id' => $account->id,
+    ]);
+});
+
+it('validates balance must be an integer when provided', function () {
+    actingAs($this->user);
+
+    $response = $this->post(route('accounts.store'), [
+        'name' => 'My Account',
+        'bank_id' => $this->bank->id,
+        'currency_code' => 'USD',
+        'type' => AccountType::Savings->value,
+        'balance' => 'not-a-number',
+    ]);
+
+    $response->assertSessionHasErrors(['balance']);
+});