How to get “Available debit” option?
Read this section of the guides: Set starting balances for customers | Manager
In particular read the section titled “Enter unpaid sales invoices”. This is how you enter Debit starting balances for customers.
Thanks for your feedback.
However, a businessman launched his enterprise in 2016. He never kept up with accounting programs. I discovered the following information if I were to put up his business today:
Cash in hand
Cash at bank
Inventory
Accounts payable
Accounts receivable
My question is, how could I entry the previous “Accounts receivable” & “Accounts payable”?
Because it’s not possible to create last 7 years Invoices.
Just create one Sales Invoice per customer with the amount due from that customer and one Purchase Invoice with the amount owed for each supplier
I presume you have a list of the amounts due and the amounts owed
If you are starting the accounts from the 01/01/2023, then date the invoices 31/12/2022
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In addition to @AJD and @Joe91’s advice , please note that usually Customers would have Credit (and Suppliers Debit) starting balances. You should only complete these when migrating from for example accounting software X to Manager.
As for your question, simply adding a negative amount like -1,000 in the Starting Balance field would become a debit. However, the methods regarding invoices as by @Joe91 are important as well as reading the guide referred to by @AJD .
This is related to your problem in the thread you started about a sales invoice problem: Sales invoice problem.
Yes, need instructions with screenshots please.
As I said in response to your other topic, read the Guide.