Opening Balances

When loading on a new supplier you may wish to load on each invoice separately or just create an opening balance for the supplier.

To do this selects the opening icon.

Now select a supplier using the drop down arrow or the Global Entity Search.

You can now add opening balances for the supplier. This can be done either by entering each invoice, or alternately by just adding a single opening balance.

Enter your reference, then select the expense account you wish the balance to be posted to, select the tax code if required and enter the amount.   Now click on the ok button to accept.

If the opening balance is to be split over different expense accounts just add another transaction to the opening balance and select a different expense account.