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 opening balances in the Local Currency Column “OB (LC)”
- If your company also uses a different currency then the local currency, SAP will automatically calculate the opening balances in the system currency and displays the values in column “OB(SC)”
- Enter the value of the Opening Balances:
- WITHOUT a Plus Sign if the Number is Positive
- WITH a Negative sign if the Number is Negative
- Click Add – When Complete