Supplier Opening Balance

Adding the Opening Balance of a New Supplier

1. Click on “Purchases” from the main menu.
2. Click on “Manage Suppliers”.
3. Proceed to “Add a New Supplier”.
4. Add the required value in the “Opening Balance” field.
   • Note: The opening balance value is entered with a negative sign in case of a supplier with a debit balance.
5. Click on the “Save” button.

Adding the Opening Balance for an Existing Supplier

1. Click on “Purchases” from the main menu.
2. Click on “Manage Suppliers”.
3. Click on the “View” button to the left of the desired supplier.
4. Click on the “Add Opening Balance” button.
5. Enter the supplier’s opening balance value in the “Amount” field.
   • Note: If the supplier has a debit balance, enter the amount as a negative value.
6. Select the “Date” from the calendar for adding the supplier’s balance in the account.
7. Select the “Currency” associated with the supplier’s opening balance.
8. Click on the “Add” button.