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		<title><![CDATA[FrontAccounting forum — Opening balance with stock]]></title>
		<link>https://frontaccounting.com/punbb/viewtopic.php?id=4834</link>
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		<description><![CDATA[The most recent posts in Opening balance with stock.]]></description>
		<lastBuildDate>Wed, 02 Apr 2014 06:00:26 +0000</lastBuildDate>
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			<title><![CDATA[Re: Opening balance with stock]]></title>
			<link>https://frontaccounting.com/punbb/viewtopic.php?pid=19618#p19618</link>
			<description><![CDATA[<p>SOLVED!</p><p>When entering the Opening Balance, you also enter the stock value.<br />With the step mentioned in fawiki to add stock, the stock value is added again. So you have the double value in FA. Step 8 in fawiki is needed to correct for this double value.</p>]]></description>
			<author><![CDATA[null@example.com (RichardVinke)]]></author>
			<pubDate>Wed, 02 Apr 2014 06:00:26 +0000</pubDate>
			<guid>https://frontaccounting.com/punbb/viewtopic.php?pid=19618#p19618</guid>
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			<title><![CDATA[Opening balance with stock]]></title>
			<link>https://frontaccounting.com/punbb/viewtopic.php?pid=19611#p19611</link>
			<description><![CDATA[<p>Hi all!</p><p>I only understand the basics of accounting. If I ask stupid things, please forgive me!</p><p>I follow the steps mentioned in fawiki (https://frontaccounting.com/fawiki/index.php?n=Main.OpeningBalances) under &quot;Advanced&quot;. After step 7, my balance sheet looks ok.(Total Liabilities and Equities has correct amount). Also the GL Stock has the correct ammount in debet. The GL &quot;Inventory Adjustment&quot; has the same ammount in credit.</p><p>I think, this is ok.</p><p>Question: Why is step 8 in fawiki needed and what does it do?</p>]]></description>
			<author><![CDATA[null@example.com (RichardVinke)]]></author>
			<pubDate>Sun, 30 Mar 2014 15:43:26 +0000</pubDate>
			<guid>https://frontaccounting.com/punbb/viewtopic.php?pid=19611#p19611</guid>
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