Opening Balance

This page covers the opening balance flow. Use it when a new fiscal year or new company setup needs a starting balance.

What the screen tracks

Field	Meaning
LedgerId	Ledger id
LedgerName	Ledger name
FiscalYearId	Fiscal year
BookClosedId	Book close reference
DrAmount	Debit balance
CrAmount	Credit balance

Example

When Bizak goes live, the team loads opening balances for cash, bank, payables, and receivables. That gives the accounting reports a valid starting point.