i have set up all the accounts and am ready to go. But i cannot work out how to enter the opening balances eg bank, creditors debtors retained profits? can you explain please. thanks
opening balances
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#1 Posted by Admin Support staff on 27 Jan, 2013 04:24 PM
If you have a new business, I think all your opening balances are best left at zero. But if you're moving from another accounts package, you'll be able to get balances for all your accounts at a certain date at which you want to start entering data into Easy Books. Use these balances for your accounts.
Mathew
Admin closed this discussion on 20 Feb, 2013 12:56 PM.