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Re: Bank Account Opening Balance



Chris
Thanks, that makes a bit of sense.  So I debited the suspense account and
credited the P&L Account (3200).  Is that the right thing to do?
 
Regards
George


-----Original Message-----
From: ..hidden..
[mailto:..hidden.. On Behalf Of Chris
Travers
Sent: 12 February 2007 06:16
To: ..hidden..
Subject: Re: [Ledger-smb-users] Bank Account Opening Balance

Opening balances should be posted against an equity account if you don't
have other accounts to balance them against.  You will probably need to
either reverse and repost or post an adjusting transaction.

Best Wishes,
Chris Travers

On 2/11/07, George James <..hidden..> wrote:
>
>
> I've added an opening balance to my bank account but now I see that 
> amount sitting as a credit in the suspense account (9999).  How can I 
> get rid of that?
>
> Regards
> George
>
>
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Using Tomcat but need to do more? Need to support web services, security?
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easier.
Download IBM WebSphere Application Server v.1.0.1 based on Apache Geronimo
http://sel.as-us.falkag.net/sel?cmd=lnk&kid=120709&bid=263057&dat=121642
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