Dear Can you help in items starting balances.
I am facing issue in process
eko
January 16, 2025, 2:03pm
2
You should not use batch processes. Also starting balances are only setup at the start of any business! So you do never do this when a business already has been operating in Manager. Please read:
It might seem like we’ve come full circle but the latest version (24.10.23) is adding Starting Balances section under Settings.
I know there have been quite a few iretations of this concept in Manager over the years but I never felt like I’ve nailed it. There were always issues. So based on what I’ve learned, observed and what I need for the future (e.g. upcoming purge function to delete historical transactions), I came up with new model to establish starting balances.
Under Settings tab, ther…
I am starting a new business. where i need starting balances
I am unable to see customers and suppliers starting balance tab. even i selected from tabs.
eko
January 16, 2025, 3:29pm
6
Actually the link I referenced later on has the following post about customers and suppliers. Please as asked read and search the forum.
I think having Customers and Suppliers section is confusing under Starting Balances. You still need to enter individual unpaid invoices for each customer and supplier. Two reasons:
To ensure cash-basis reporting works correctly when invoices are paid. We need to know what accounts these invoices are meant to debit/credit. That’s why entering signular balance won’t be enough.
Being able to create customer/supplier statements from day 1 with the list of unpaid invoices.
So in the latest versio…
first upload accounts without starting balance by batch create then update batch after inputting starting balance.
eko
January 18, 2025, 10:58am
8
@Kaisar_Enam please see the message from @Lubos I added the link to in my post above. IIt explains that starting balances should be set using the Settings function since late last year!
