Page Comparison

• Accounting > Maintenance > General Ledger > Set Opening Balances

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• Click on 'Set Opening Balance', the screen below will appear.
• Select a PC Center from the drop down list and click 'Set PC Center' so that when user enter the opening balance later, it will be recorded in the selected PC Center.

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• Then enter the opening balance in the debit or the credit side for the account. Click on 'Add Item' to add the account into the list.
• User will need to enter the opening balance line by line referring to the balance sheet.
• Note that if the opening date is 01-01-2009, when user enter the opening balance, user will need to refer to the balance sheet dated up to 2008-12-31.

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• When all accounts are entered and the opening balances is balanced, click '*Save Opening Balance*'.
• Please note that the 'Save Opening Balance' button will not appear if the debit and credit total is not equal.

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• When user click on 'Set Opening Balances', all the transactions dated before the opening date will be listed by the system.
• In this case, since the opening date is 01-01-2009, so the transactions dated before 01-01-2009 will appear in the list.
• User will be prompted to delete the transactions.
• Click '*Yes, remove the transactions below*'.
• The system will only remove the journal transactions. The credit memo, GRN and invoice that is created will not be deleted, it will still appear in the respective listing.

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• The journal transactions are deleted because these transactions will be included in the balance sheet dated 31-12-2008. If these journal transactions are not deleted, then the transactions will be recorded twice in the system.