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Accounts receivable

Record a customer's beginning balance

If you're setting up a new record for a customer who has an established balance with the client, you can record the historical amounts that comprise customer's balance as the beginning balance amount.
  1. Select
    Setup
    , then
    Customers
    .
  2. Select the
    Accounts Receivable
     tab.
  3. In the Beginning Balance section, select the ellipsis next to the
    Amount
     field.
  4. In the grid in the
    Beginning Balance
     window, enter the reference number, date, PO number, AR account, and amount for each of the customer's receivables. As you enter the amount, Accounting CS sums the amounts and displays the total amount as the Customer balance below the grid.
    note
    If you enter a positive amount, the application creates an invoice; if you enter a negative amount, it creates a credit memo.
  5. Select
    OK
     to close the
    Beginning Balance
     window.
  6. Accounting CS displays the customer balance amount in the
    Amount
     field in the Beginning Balance section.
note
The application doesn't post historical (beginning balance) items to the general ledger. However, these items are available for AR reports.

This article applies to:

  • Product: Accounting CS,Accounting CS Client Access

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