• Overview
• Importing opening balances
• Entering WIP opening balances
• Entering WIP opening balances manually
• Entering receivable opening balances
• Entering receivable opening balances manually
• Importing WIP detail

To enter receivable opening balances manually

1. On the Setup menu, click Opening balances.
2. Click the Receivable tab.
3. Select the type of document, invoice or payment.
4. In the No. column, enter the invoice number.
5. In the Date column, enter the date of the invoice. Note that the date of the invoice must be any time before the start of Time file.
6. In the Client No column, click  to select the applicable client number for the invoice.
7. In the Invoice Amount column, enter the amount of the invoice.
8. Repeat steps 3 through 6 until all outstanding invoices dated prior to the start of the file are entered.

Notes

• Time assumes that receivable opening balances apply to invoices only. However, if you did not have time to apply all outstanding cash receipts prior to starting your file in Time, enter the cash receipts using a negative amount in the Invoice Amount column to denote a cash receipt.

Related Topics

Importing opening balances