Accounting
Migrate opening balances
Post a balanced journal of opening GL balances for an office.
Open Migrate opening balances from Accounting (or press Ctrl+K and type "opening balance" or "migrate balances"). You need journal-create permission to post.
Enter one row per GL account with either a debit or credit amount. Total debits must equal total credits. The journal posts on the transaction date you pick for the office and currency on the form.
Before you post
- Map Opening balances transfer contra under Financial activity mappings if your chart uses that system account for the contra side.
- GL accounts must be detail accounts on the chart of accounts that allow manual journal entries.
- Enable a currency under Currencies if the currency picker is empty.
After a successful post you land on Journal entries with the new transaction open.
The address bar is Accounting › Migrate opening balances.
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