When I first started using this system (06/02/2019) I didn’t put in an opening balance. I am now trying to put the balance in but it says I can’t enter an amount for that date as it’s in a locked accounting period. I completed the year end journal up to 30/11/2019.
It won’t let me do it from 01/12/2019 as it says there are transaction before this date.
Please can you advise how I get the opening balance for 06/02/2019 correct on Quickfile?
I have read through the topics & saw a mention of rolling back the journal but don’t know how to do that & will it have any impact on the invoices / VAT etc paid ?
You won’t be able to enter the opening balances unless you roll back the locks (so the year end journal) the other alternative would be to enter a correcting journal on 01/12/2019 similar to that of the opening balances but you can enter it yourself to get the balances aligned.
I found this example which may help how to create the journal
Sorry Beth, still not with it.
I don’t know how to debit the bank & credit suspense or how to journal the balance out of suspense into general sales. Can you provide screen shots?
I initially started to use this for the new VAT return system only, but now i see the potential i want to use it more & correct the balances.