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Opening Balances

In opening balances, you can view and update debit or credit details of opening balance of your desired account.

 

Setting Account Opening Balance in Financial Accounting.

To set “Account Opening Balance”, click on the “Financial Accounting”, then “Masters”, then click “Opening Balances”. Opening balance page will be displayed.

Click on “Update” button on the opening balance page.

Enter account name in “Account name” input box then click “Search” button. Search results drop down list will be filled with results against your search, then select the account from “Search Results” drop down list then selected account information will be shown.

Click “Save” button to save the information.

 

Setting Opening Balances of All Accounts in Financial Accounting.

To set “Opening Balances of All Accounts”, click on the “Financial Accounting”, then “Masters”, then click “Opening Balances”. Opening balance page will be displayed.

Click on “Update” button on the opening balance page.

Enter date in “Account Starts On” box then click “Show All Accounts” button will enable you to set opening balances of all accounts.

Click “Save” button to save the information.

 

 

 


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