DESKTOP EDITION CLOUD EDITION SERVER EDITION GUIDES FORUM

How to setup initial BALANCE SHEET for new account


#1

I have just joined and want to set up my 30 June 2015 Balance Sheet to start my account. I can’t see a suitable answer in the forum


#2

Determine your chart of accounts. Set a start date in Settings. As you create accounts, enter any balances as of your start date. Enter sales and purchase invoices outstanding as of start date to initialize accounts receivable and payable. Create a Balance sheet report for that date.