How to set opening balance in Accounts Receivable & Accounts Payable

Modified on Tue, 19 May 2020 at 02:23 PM

Step 1:


Go to Customer & Supplier Setting to generate the account code for particular payee & payer before key in the opening balance.




Step 2:

  1. Go to your “Accounting button and click on “Opening Balance
  2. Click "Advanced" on Opening Balance page
  3. Select AR / AP and specify payee to key-in opening balance for AR / AP, as shown below
  4. After complete please Click Save.


Step 3:

  1. Then you may go to Opening Balance Module and find that the Opening Balance for Account Payable is equal total RM300.00
  2. Under Statement of Account for Aaaa will be RM100.00 as Opening Balance.

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