Frequently Asked Questions about Opening Balances

 

What are Opening Balances?

When Should I Enter My Opening Balances?

Which Date Should I Use to Enter My Opening Balances?

How Do I Enter Opening Balances Part Way Through the Financial Year?

Where Do I Get My Opening Balance Values?

What are the VAT Considerations for Opening Balances?

What Should I Do if I DonÆt Have a Full Opening Trial Balance?

Related Topics

Your Opening Balances Checklist

Customer Opening Balances

Supplier Opening Balances

Nominal Ledger Opening Balances

Bank Opening Balances

To Check your CustomersÆ and SuppliersÆ Opening Balances

Clearing the Opening Balances from your Trial Balance

To Clear the Opening Balances from your Trial Balance