To Enter a SupplierÆs Opening Balance Using Standard VAT
1. From the Sage Line 50 toolbar, click Suppliers.
The Suppliers window appears.
2. Select the suppliers you have opening balances for.
3. From the Suppliers toolbar, click Record.
The Supplier Record window appears, showing the details of the first supplier you selected.
4. Choose the O/B button attached to the Supplier Balance box.
The Opening Balance Setup window appears.
5. In the Opening Balance Setup window enter the opening balance details:
6. To accept these details, click Save.
To return to the Supplier Record window without saving, click Cancel.
7. To return to the Suppliers window, click Close.
Once you have entered all the opening balances for your suppliers, use the Opening Balances Checklist to finish setting up your other opening balances.
You can enter the following opening balance information:
Your next step...
To Check your Supplier's Opening Balances
Related Topics
To Enter a SupplierÆs Opening Balance Using VAT Cash Accounting