Beginning Balance

The Beginning Balance module is to set up the opening balance for each account when you set up your accounting. It speeds up your setting because you don’t have to input each opening balance individually in Journal Transaction Module.

 Tips:   

¨      If Debit and Credit is not balance, AccStar will put the difference into the suspense account. If it does not exist, the account number "399999" Journal Difference account will be created. It is the equity account.

General Ledger Inventory Control Purchase Orders Order Entry Accounts Receivable Accounts Payable Banking Fixed Asset Manufacturing