Importing balances
- On the navigation bar, select the Accounting tab and General Ledger menu.
- On the navigation bar, select the Accounting tab and General Ledger menu.
- On this page, to the right, please click the Import CSV button.
- Download the template and then complete your own CSV.
- Import the CSV using the same interface.
- Refer to the template if you receive an error message.
Entering invoices with open balances
💡 When migrating Open Invoices, user would need to enter the Open Balances for Accounts as an Opening Balance JE and also enter the Open Invoices (both Customer Invoices and Vendor Invoices as Invoices.
Step 1 : Create accounts to hold the total ARAP balances
💡 Note : If you have open invoices in multiple currencies, please add those currencies in the list of currencies supported by that account
User should create two additional accounts in the COA
- Unknown AR, Current Asset, Other Current Asset
- Unknown AP, Current Liability, Other Current Liability
If you want to import open invoices in FX, just add the currency to the unknown AR and unknown AP account and enter a journal entry line with the amounts in that FX. You should then create open invoices in that FX as well.
Step 2 : Create Opening Balance Journal Entry
