Opening balance

In this procedure you can, when starting up a new company, register opening balances on accounts in the accounting, for example when the bookkeeping has not been imported from a file.

When manually registering opening balance (OB) you can manually add rows or let the system insert "zero-rows" for all balance accounts. The zero-rows are added by using the Insert zero-rows button on the function menu. On these rows you have to enter the balances in the amount columns and then save the procedure. Only rows with an entered OB will be saved.

When changing accounting year (done in the Change period/accounting year procedure) you can load the opening balance (OB) from last year's closing balance (CB). This is done by using the button Load OB from previous year's CB on the function menu. The loading is automatically done when changing year. After the change of year it is possible to load new opening balances if vouchers which should affect OB in the new year, have been created in the AFS.

Via the button Change accounting year on the toolbar you can load opening balances from the previous year. You can do this loading an unlimited number of times.

By for example entering Cost center or Cost unit it is possible to register dimensions on accounts in addition to the OB.

If if for the accounting year is configured that the opening balance is locked, then it is not possible to add, modify, or delete balances. This lock is handled in the Register accounting year procedure. When changing to a new accounting year, a lock of opening balance is default for historical year.