Adding and Modifying Opening Balances

Opening balances ensure that your accounts are accurate when starting with ERP ERP. This guide explains how to add or adjust these balances.

1. Go to the 'Accounting Module' and click on 'Opening Balances.'
2. Click 'Add Balance' to set up a new opening balance or 'Edit' to modify an existing one.
3. Enter the account name, opening balance amount, and effective date.
4. Save your changes and verify the updated balances in the Accounting Module.
5. Use reports to ensure the correctness of opening balances for auditing purposes.

• Go to the 'Accounting Module' and click on 'Opening Balances.'
• Click 'Add Balance' to set up a new opening balance or 'Edit' to modify an existing one.
• Enter the account name, opening balance amount, and effective date.
• Save your changes and verify the updated balances in the Accounting Module.
• Use reports to ensure the correctness of opening balances for auditing purposes.