Topic: cancel a deposit/opening balance
Hello,
How can i cancel a deposit ?
Also, how to set an opening balance in my bank account? I want my bank account to start with e.g 2055.60. Do i need to do a deposit?
thanks
Re: cancel a deposit/opening balance
I manage to find out how to cancel the deposit. I only need help with the 2nd issue.
Thanks
Re: cancel a deposit/opening balance
You can read about opening balances in the Wiki, https://frontaccounting.com/fawiki.
As an admin you can post initial balances into the GL accounts. Just create the bank account first. then enter the opening balances including the bank account. FA will post to the bank account if this is the underlying GL account.
If this in not an opening balances you would have to make a bank deposit.
/Joe
Re: cancel a deposit/opening balance
please how can i edit deposit if there is mistake on the amount deposited? thanks
Re: cancel a deposit/opening balance
You can either void it in Setup tab, void transaction and create a new one or you can edit it in Banking and General Ledger tab, Journal Entry.
/Joe
Re: cancel a deposit/opening balance
My 1060 Checking Account is in negative, I want to make a bank deposit,
but there is no 1060 Checking Account to make a bank deposit in!!
any suggestions?
regards
- apmuthu
- Moderator
- Offline
Re: cancel a deposit/opening balance
How did it become negative? FA requires that the Cash/Checking account always be positive.
Re: cancel a deposit/opening balance
You can see the capture here
http://s12.postimg.org/trgtbc8ml/Capture778.jpg
it's negative!
- apmuthu
- Moderator
- Offline
Re: cancel a deposit/opening balance
Make sure this checking bank account is not an overdraft / loan account.....
Re: cancel a deposit/opening balance
Just to clarify, checking account can be negative, the constraint applies only to cash accounts.
Janusz