I am migrating my accounts to Manager. There used to be an option for opening balances. I can’t find it now. Should opening balances be done by journal entry now?
There has been a small change.
- Go to
Start dateand set the date as of which you are starting on Manager (this will be your opening balances date.
- Then go to
Reportstab and click
Opening balancesreport. This will allow you to set opening balances for all accounts (including subsidiary accounts if applicable), see: http://www.manager.io/guides/miscellaneous/setting-up-opening-balances/
Great. Thanks for that.