• From: Germany
  • Registered: 01/15/2014
  • Posts: 26

Topic: Opening balance with stock and Serivce render

Hello,

Please l need your help on how to setup Opening balance with stock and Service charges. from this link https://frontaccounting.com/fawiki/index.php?n=Main.OpeningBalances  l understand setting up opening balance with stock but with service render (charge) l can't get it how to enter it along.

Also, step 8: You will need to create a reverse GL journal entry with these 2 adjustment lines and the same date.  how do l go about it?

l will appreciate your help.

Regards,
Akinola

  • joe
  • Administrator
  • Offline
  • Registered: 03/15/2007
  • Posts: 5,107

Re: Opening balance with stock and Serivce render

Regarding service items there are no opening balances.

Please talk to a local accountant, if something is unclear regarding entering the opening balances.

Joe