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Opening Balance
A question & answer about opening balances
QWhen should I enter opening balances?
Capture them during initial onboarding or prior to operational journals so day-two entries do not fight legacy balances.
More in Opening Balance
- What is an opening balance?
- How do I enter opening balances?
- Can I modify opening balances?
- Which accounts require opening balances?
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Tafsee Books
Cloud accounting built for Saudi Arabia: invoicing, ZATCA e-invoicing, the VAT return and reports, in Arabic and English.
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