How to upload the opening balance of particular ledger account?

How to upload the opening balance of particular ledger account?

Please follow the below steps to upload opening balance of particular ledger account:

Step 1: Go to Admin -->> General Ledger -->> Journal Entries

Step 2: Click on "Create Journal Entry"

Step 3: Enter Journal Notes (Narration), Date and amount in the respective field.

Step 4: For asset kind of account, Select respective asset account as Debit and "206004 Opening Balance Account" as Credit.


Step 5: For the Liability kind of account, Select "206004 Opening Balance Account" as Debit and respective liabilities account Credit.


Step 6: Click on the "Submit" button.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Bulk upload of opening balances can be done using an excel file:

Step 1: Click on "Batch Upload Journal Entries From Excel"

Step 2: Download .csv File.

Step 3: Make an update in .CSV file using MS Excel. Instructions are provided while downloading file.

Step 4: Save it as .csv file

Step 5: Upload the same file again.



    • Related Articles

    • How to upload the opening balances for assets and liabilities?

      Step 1: Go to the General Ledger section -->> Select Journal Entries -->> Click on Bulk Posting -->>Then, choose "Batch upload Opening Balance from Excel." Step 2: Download the provided template from Step 1 and input the relevant data: Account: Get ...

    • How to upload the opening balance of the bank?

      Please follow the below steps to update the opening balance of the bank: Step 1: Login to ADDA -->> Update the bank name from General ledger -->> Chart of Accounts -->>Assets. You will have to pass the journal entry to post the bank opening balance ...

    • How to upload members opening balance in bulk?

      When commencing accounting entries in ADDA, you have the option to display the balance of previous years as the Opening Balance in ADDA. The following steps outline how to monitor the opening balance for each unit: Step 1: Go to Income Tracker >> ...

    • How to upload the Opening balance of Particular Expense/Vendor or Outstanding/Advance?

      Please contact the Support Team (through Software Help by raising Support Ticket) to update the Opening balance of the Vendor. We are happy to help you!

    • How to upload opening balance for non-member income?

      Please follow the below steps to upload opening balance for non-members: The capability to upload opening balance for Non-Member Income is exclusive to the ADDA Moderator. Step 1: Log in to ADDA>> Admin >> Income Tracker>> Non-Member Income Step 2: ...