Enabling Client Opening Balance

What is a Client's Opening Balance?

The opening balance for the client is the amount carried over at the beginning of the fiscal year from old accounting transactions for this client. The balance is positive (+) if the client is the one who owes the money. It is negative (-) if the client  is the one entitled to the money, and thus he can pay his subsequent bills from this amount/balance.

Enabling Opening Balance

1. Click on “Clients” from the main menu.
2. Click on “Client Settings“.
3. Click on the “General” tab.
4. Check the box for “Opening Balance” to activate it.
5. Click on the “Save” button.