Sorry in advance to asking this question again.
Butt i have a problem regarding this.
and the problem start as on when i start a business with some amounts receivable from costumer.
when i try to enter a receivable amount as in balance due window it can not be enter their and shown this massage.
(If this customer owes you money, do not enter starting balance. Enter all their unpaid invoices individually under Sales Invoices tab.
but when i enter it under sales invoice it showed as a “SUSPENSE”.
amount appears sin suspense account when you have not selected the proper accounts for a transaction.
in the sales invoice have you selected any relevant account in the line item account column?
if not, then edit the invoices, select proper accounts and click update. https://guides.manager.io/7106
i read this guide and other threads regarding this.
all is there i find income or expanse accounts.
No relevant account i find there, any account u suggest me to overcome this.
there is only two types of accounts shown.
Income and expanse account.
the thing i want to record here is not an expanse or income.
that is an asset “RECEIVABLE”.
If i create an account under the Asset heading then it show a negative balance. (below)
You need to post the details of the Chart of Accounts and the edit form for the “Old Receivables” account
I am not sure what you are trying to achieve with this entry - it may not be the correct way to get what you want. Please explain why you are doing this entry
it told me to do this in invoice tab. but when i try to make a invoice, the invoice showed up in a suspense account.
my problem is how i enter this amount correctly in my new manager account…
If you enter the unpaid invoices with an invoice date before the start date, then the invoices are registered to the Customer account as unpaid and the amount due is increased
The sales are not credited to the Sales account but are credited to the Retained Equity account
if the opening balance in Credit then you add it from customer creation form. the you have debit opening balance then you need to create invoice before the system starting date. then the system will consider the invoice as opening balance
To be clear, you should not have created that Old Receivables account, because Manager will not handle your receivables from before your start date correctly if they are in such an account.
And you never post a sales invoice line item to Accounts receivable. Instead, you select the income or expense account where the sale, return, or discount will be posted. Manager automatically posts the balance due to Accounts receivable.
When you create a sales invoice with an issue date before your start date, only the balance due is picked up, in Accounts receivable. That is how you set the starting balance owed by the customer. Such an invoice will not affect income and expense amounts during the current period.
