AR beg. Balance

1

Hi,

As I read from the guides there’s no way to add Beg. Balance for each of My acc just like the other asset accounts
would some1 explain how is that better and how to make use of it ?
since it truly takes alot of time loading up these invoices back again after closing the prior year using a different system
Considering that the only reason we have these balance is to equalize the TB and to follow up the collections no other financial purpose to be saken from other details

Thanks

2

When moving your accounting from another system to Manager and you do not want to keep a detailed track of invoices issued prior to the start date in Manager, then just enter one invoice for the total amount owed at the start date

I hope you are not setting up a new business for each new year - this is completely unnecessary

1 Like
3

Good idea Joe
Thanks!

4

Then you did not read all the relevant Guides about starting balances.