Entering Opening Balances
Opening balances establish the starting position when moving to the system or starting a new year.
Prepare the draft
Choose the year and enter debit and credit account balances with partners and centers where needed.
- Totals are calculated automatically from the lines.
- Lines are editable only in draft state.
Invoices and review
Add unpaid customer and supplier invoices, then review the summary by account classification.
- Customer invoices are receivable and supplier invoices are payable.
- Invoices can be added only to a draft.
Confirm and lock
Confirm balanced amounts to create the entry, then lock them against change.
- An unbalanced opening set cannot be confirmed.
- A locked balance can be unlocked back to draft for correction.
