Re: Inserting a "Forward Balance"

[Paul Bente <..hidden..>]

>Re: [Ledger-smb-users] Inserting a "Forward Balance"
>From: Chris Travers <..hidden..> -	2008-10-16 19:14
>On Thu, Oct 16, 2008 at 11:39 AM, Eric Lucas <..hidden..> wrote:
>> Question: How do I insert a "forward balance" record into LedgerSMB?
>>
>> Scenario: I'm loading existing accounting data from QuickBooks  
into the
>> LedgerSMB system and I'm only loading 2007 (since the prior data  
is a
>> mess.) I ran a Trial Balance in QB and have the balances for each
>> account on 1-1-2007. I need to enter these in the system prior to
>> loading the 2007 transactions. Then, the Trial Balance for  
12-31-2007
>> should match in both QB and LedgerSMB.
>
>One GL transaction with a reference of "Start" and a description of
>"Forward Balance" should be sufficient.
>
>Best Wishes,
>Chris Travers

I would recommend making the starting balance entries on 12-31-2006 so  
your 2007 entries only reflect activity in 2007.

Best regards,
Paul Bente