Historical Balance

We have just finished implementing a site and go live on 1 November 2003 and we took on opening balances as at 31 September 2003. How do I take on previous balances from Jan -31 September without affecting balances income. Best regards, Farayi

Hi Farayi If I understand you question correctly you should have transferred the monthly balances at close for each individual month as a journal - this will give you historical monthly figures. Obviously you will need to be more diligent where the balances were affected by the open items in the period, but this should receed as you go further back in history. Essentially what you did for the opening balances, but dated for each month.

Thanks Steve - I will work on it - you put me on the right track. Best regards, Farayi