How To Set Opening Balances For Business Partners In SAP 9.0

For setting up an opening balance for a business partner in SAP Business One 9.0 follow these instructions: 1) From the Modules menu inside SAP navigate to Administration > System Initialization > Opening Balances > Business Partners Opening Balance 2) The Business Partners Opening Balance – Selection Criteria screen will pop up. Set the business […]

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SAP GL Opening Balances Instructions

Administration > System Initialization > Opening Balances > G/L Accounts Opening Balance: De-select the Profit and Loss accounts and select OK. The Opening Balance Account should be the G/L Opening Balance account set up in the chart of accounts, if not, change it to that account. IMPORTANT: Change the Date and all the Due Dates […]

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How to Create Opening Balances for G/L Accounts – SAP

SAP > Administration > System Initialization > Opening Balances > G/L Opening Balances Choose the G/L Account Range (from / to) Click OK If your company’s Fiscal Year does not Start on January 1st, change the Date value to the required date Enter the offsetting G/L Account in the “Opening Balance Account” field Enter the […]

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