Summary
How to enter your opening balances in Sage Accounting.
Description
Before you start processing, you'll need to enter your client's opening balances.
Resolution
- Click Settings, then Business Settings, and then select Nominal Ledger.
NOTE: If you are using Accounting Start select More followed by Category Opening Balances.
- Check and confirm Accounts Start Date then click Save.
- Enter a Reference for your opening balances.
- Enter the rest of your trial balance under the Ledger Account column.
TIP: You can add more Ledger Accounts if needed, at the bottom of the list.
- Check the opening balances entered match those on your trial balance and then click Save.