Search HansaManuals.com HansaManuals Home >> Standard ERP >> Starting Work >> Entering Opening Balances Previous Next Entire Chapter in Printable Form Search This text refers to program version 8.0 Opening Balances in the Sales Ledger It is worth repeating that there can be two components to opening balance figures in the Sales Ledger: the final Customer balances from the previous fiscal year and, if you will be starting to use Standard ERP in the middle of a fiscal year, Customer balances for the current year to date.In considering Customer balances from the previous year, you only need to take account of those that are open (i.e. unpaid). You can enter these in one of two ways:
If you need to enter opening balances in the Sales Ledger, you should first ensure that you have entered your Customers in the Contact register using the process described on the Entering the First Customers, Suppliers and Contact Persons page. If you are entering individual Invoices, you should also ensure that you have entered the Items that you sell in the Item register, as described on the Entering the First Items page. You may be able to import this information from text files. Finally, if you are entering Receipts in any form (i.e. individual Receipts, or monthly or year-to-date Receipts) make sure you have entered all relevant Payment Modes (i.e. payment methods), so that you can post the Receipt amounts to the correct Bank or Cash Account. --- In this chapter:
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