Difference between revisions of "How do I adjust an account opening balance?"
From Catalyst
| Line 6: | Line 6: | ||
* Go into {{Menu|Systems\Accounts|{{SL}}\{{PL}}|Maintenance Options|Adjustments}}. | * Go into {{Menu|Systems\Accounts|{{SL}}\{{PL}}|Maintenance Options|Adjustments}}. | ||
| − | * At {{DataPrompt|Customer/Supplier:}}, enter the [[Do I have to remember all these Account Codes?|code]] for the Customer or Supplier to | + | * At {{DataPrompt|Customer/Supplier:}}, enter the [[Do I have to remember all these Account Codes?|code]] for the Customer or Supplier to whom the Opening Balance relates. |
| − | * Press {{KeyPress| | + | * Press {{KeyPress|Enter}} to list all transactions. |
* Find the Opening Balance transaction and make sure the arrow is pointing at it. | * Find the Opening Balance transaction and make sure the arrow is pointing at it. | ||
* Press {{Button|A}} to Adjust. | * Press {{Button|A}} to Adjust. | ||
| Line 15: | Line 15: | ||
* Enter a comment, e.g. {{DataValue|CORRECTION}} (max 15 characters). | * Enter a comment, e.g. {{DataValue|CORRECTION}} (max 15 characters). | ||
| − | * Press {{KeyPress| | + | * Press {{KeyPress|Enter}} to move to the {{DataPrompt|Total Amount}} field. |
* Enter the amount to adjust by, entering the minus sign if this is a negative adjustment. | * Enter the amount to adjust by, entering the minus sign if this is a negative adjustment. | ||
Revision as of 09:28, 9 August 2016
Summary
When setting up your Platinum system, you may wish to enter an Opening Balance for each of your Customers and Suppliers. If you make a mistake, you can correct it by posting an adjustment.
More Information
- Go into " Systems\Accounts Sales Ledger\Purchase Ledger Maintenance Options Adjustments".
- At "Customer/Supplier:", enter the code for the Customer or Supplier to whom the Opening Balance relates.
- Press <Enter> to list all transactions.
- Find the Opening Balance transaction and make sure the arrow is pointing at it.
- Press [A] to Adjust.
- Enter the date for the adjustment.
 | If this is a late adjustment and you have already closed the month to which it relates, post it with a date of the 1st of the next month you are going to close. |
- Enter a comment, e.g. 'CORRECTION' (max 15 characters).
- Press <Enter> to move to the "Total Amount" field.
- Enter the amount to adjust by, entering the minus sign if this is a negative adjustment.
 | Take care to post the adjustment the correct way round. See the examples below for assistance. |
 | If a £500 Invoice Opening Balance should have been a £400 Invoice Opening Balance, you would enter -100.00 as the value to adjust by. |
| If a £500 Invoice Opening Balance should have been a £400 Credit Opening Balance, you would enter -900.00 as the value to adjust by. |
| If a £100 Credit Opening Balance should have been a £300 Invoice Opening Balance, you would enter 400.00 as the value to adjust by. |
- The "Centre" should be 'Z995 - Profit to Date'.
- Press <Esc> and [Accept] to save the adjustment.
See also
