Difference between revisions of "How do I post opening balances?"
From Catalyst
(Bulk update) |
|||
| Line 1: | Line 1: | ||
{{Incomplete}} | {{Incomplete}} | ||
| − | |||
== Summary == | == Summary == | ||
| − | The following article explains how | + | The following article explains how to post opening balances on your {{SL}} and {{PL}}. |
== More Information == | == More Information == | ||
| − | If you are new to Platinum, and you have our accounts package, you will need to post on | + | If you are new to Platinum, and you have our accounts package, you will need to post on opening balances for your customers and suppliers. They get posted on as a single outstanding balance for each customer and supplier. |
| − | {{Note|text=If you are Cash Accounting for V.A.T. please see [[Cash Accounting|this article]] for posting opening balances.}} | + | {{Note|text=If you are Cash Accounting for V.A.T., please see [[Cash Accounting|this article]] for posting opening balances.}} |
=== Posting Opening Balances === | === Posting Opening Balances === | ||
| − | * Go to {{Menu|{{PL | + | To avoid duplication, we will use the {{PL}} as the ledger, but the process is the same for both. |
| + | * Go to {{Menu|{{PL}}|Purchase Ledger Postings}}. | ||
* At {{DataPrompt|Doc. type}}, choose {{DataValue|Opening balance}}. | * At {{DataPrompt|Doc. type}}, choose {{DataValue|Opening balance}}. | ||
* At {{DataPrompt|Supplier:}}, enter in the Supplier's account code, or [[How do I find a supplier?|search]] for the supplier. | * At {{DataPrompt|Supplier:}}, enter in the Supplier's account code, or [[How do I find a supplier?|search]] for the supplier. | ||
| Line 16: | Line 16: | ||
* At {{DataPrompt|Comment}}, enter {{DataValue|OB}} for opening balance and {{KeyPress|ENTER}} | * At {{DataPrompt|Comment}}, enter {{DataValue|OB}} for opening balance and {{KeyPress|ENTER}} | ||
{{Note|This drops you straight down to the {{DataPrompt|Totals}} field.}} | {{Note|This drops you straight down to the {{DataPrompt|Totals}} field.}} | ||
| − | *Enter | + | *Enter the value of the opening balance. |
* Click {{Button|Done}} and {{DataValue|Accept}} to save the posting. | * Click {{Button|Done}} and {{DataValue|Accept}} to save the posting. | ||
Revision as of 08:52, 28 January 2020
 |
This article or section is under development. Be aware: Content will change as the document progresses. |
Summary
The following article explains how to post opening balances on your Sales Ledger and Purchase Ledger.
More Information
If you are new to Platinum, and you have our accounts package, you will need to post on opening balances for your customers and suppliers. They get posted on as a single outstanding balance for each customer and supplier.
 | If you are Cash Accounting for V.A.T., please see this article for posting opening balances. |
Posting Opening Balances
To avoid duplication, we will use the Purchase Ledger as the ledger, but the process is the same for both.
- Go to " Purchase Ledger Purchase Ledger Postings".
- At "Doc. type", choose 'Opening balance'.
- At "Supplier:", enter in the Supplier's account code, or search for the supplier.
- At "Date", enter the start of the month that you started using Platinum for your accounts.
- At "Comment", enter 'OB' for opening balance and <Enter>
| This drops you straight down to the "Totals" field. |
- Enter the value of the opening balance.
- Click [Done] and 'Accept' to save the posting.
See also
