Sales
About Opening Balance
Adding an Opening Balance to a client’s account balance lets you manually input any outstanding customer transaction amount that is still due for payment.
Activating clients' Opening Balance in their file
- Select “Clients” from the navigation menu.
- Select “Client Settings“.
- Click the card “General“.
- Check the Checkbox “Opening Balance” in “Client’s Extra Fields“.
- Click “Save“.
Adding an Opening Balance when first creating a client record
- Select “Clients” from the navigation menu.
- Select “Add New Client”.
- Input the Opening Balance details under “Account Details“.
- Opening Balance: Input an opening balance amount in case the client has a due amount of cash to be paid.
- Starting Balance Date: Input the starting date of the balance; set as the current date by default.
- Proceed with file creation.
- Click “Save“.
Adding an Opening Balance to an already-existing client file
- Select “Clients” from the navigation menu.
- Select “Manage Clients”.
- Select the Client’s file you wish to add an opening balance to.
- Click the button “More Actions“
- Click “Add Opening Balance” from the drop-down menu.
- Input the Opening Balance details
- Amount: Input the opening balance amount.
- Date: Set as the current date by default.
- Currency: Select the currency of the opening balance using the drop-down menu.
- Click “Add“.