• Registered: 11/15/2010
  • Posts: 10

Topic: How to input opening balance

Dear FA Team.

I have finalized all the necessary setup of FA and ready to start for live transaction, I migrate from old system into FA.

Could you please teach me some item below:
1. How to input the opening balance of each account into ledger, do I have to make a journal entry of each account (I can not find a function to input the opening balance).

2. After input the opening balance of each account, how to make a detail outstanding AR and AP?. Is there any function on sales/purchase (AR/AP) but not posted to GL?.

I want to migrate my data on November 30, 2010.

Thank you for your help.
Ken Surya.

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

Re: How to input opening balance

Please read about these topics in  .

/Joe

  • From: Equatorial Guinea, France, USA
  • Registered: 08/21/2010
  • Posts: 55

Re: How to input opening balance

I started using it this year
So I entered my balance as of 31-Dec-2009
Then I created new fiscal year 2010
And I started using it this year

The exact wiki link is here, but you should read it all as recommended by Joe
https://frontaccounting.com/fawiki/index.php?n=Main.OpeningBalances

albertolima's Website

4 Reply by Inventory (edited by Inventory 03/01/2011 08:41:12 pm)

  • From: USA
  • Registered: 12/08/2010
  • Posts: 14

Re: How to input opening balance

How do I query by a part and get its location?
How do I query a piece of hardware type and get its location?

5 Reply by Inventory (edited by Inventory 03/01/2011 08:40:52 pm)

  • From: USA
  • Registered: 12/08/2010
  • Posts: 14

Re: How to input opening balance

Is there a feature of how to post a picture or diagram of an item (either hardware/consumable part/end product) then with that select it to virtually build the product and have it deduct from inventory the counts and reveal the locations of these bits?