How do I add a Supplier Opening Balance?

Click Setup or Lookup > click Suppliers.

If the supplier is already there then highlight the relevant Supplier > click Change. 

Or you can add a Supplier by clicking Add. (Please note: if you are adding a supplier you will need to enter an A/C Code for them.)

Click O/Balance.

This next part will look different depending on whether you are using Receipts/Payments Manual Allocations or not.

If you ARE NOT using Receipts/Payments Manual Allocations, it will look like this:

• You can age the balance by typing the relevant figures into the applicable boxes Current, 1 Month etc. This will automatically update the top Balance Starting box. 
• Please note the Analysis From. 
• Click OK. 

Click Save on the Change a Supplier/Add a Supplier screen.

If you ARE using Receipts/Payments Manual Allocations, it will look like this:

Click Add. 

Note: with this setting, it allows you to enter multiple opening balances if you want to for that supplier, for example you might decide to enter separate opening balances for the separate open/unpaid invoices that make up the opening balance.

• Change the Date for that Opening Balance (if required). 
• Change the Reference (if required.) 
• Enter the Total for that Opening Balance, and the VAT Breakdown (if you wish to) on it, and to the relevant section e.g. Purchases For Resale or Purchases Not For Resale.  
• Click Save. 

• It will ask you if you want to add another Opening Balance for that supplier. 
• Enter it if you do and click Save or click Cancel if you don’t.
• Click Save on the Change a Supplier/Add a Supplier screen.