How can I offset my BP Opening Balances?

Dear Experts,
I have keyed in my BP Opening Balances via the Administration > System Initialization > Opening Balances > BP Opening Balance.
Now, I have opening balances in my business partners, in what ways can I clear off this balances when I issue or receive payments for this BPs in the future.
Much Thanks for your advice in advance.
Warmest Regards,
Chinho

Hi!
First, you don't need to clear the Opening Balance Offset Acc for BP.
The Sum of Opening Balance offset Acc - BP,Opening Balance offset Acc - Inventory,Opening Balance offset Acc - GL will be equal to zero.
when u receive payment fr the OB against the Customer.
1. Open Incoming Payment Screen
2. Select your Customer
3. In matrix u will find the OB
4. Edit the Total Payment Amount to Amount u received
5. Do payment via Payment Means
6. Reconcill the Partial Amount of OB and Payment u received via BP Internal Recon.

Similar Messages

How can i import Customer/Vendor Opening Balances - Invoice wise

I am going on a parallel run from next week onwards and the Client want to import all Customer/Vendor Opening Balances invoice wise , so that they can get the Aging Analysis report the no of days Outstanding as well as they can enter payment invoice wise.

Sanjay,
To import BP Opening Invoices or Credit Memo's,
Use the template inside DTW folder
\Templates\oInvoices for AR Invoices
\Templates\oPurchaseInvoices for AP Invoices
and so on
I presume you would want to import them as Service Invoice so
In the Document template
Set
DocNum....................................DocType......................HandWritten
original Invoice number...............dDocument_Service..............tYes
Document_lines
AccountCode
Opening Balance Account Code (Opening Balance Account is generally created in the Equity drawer and is used purely for all Opening trasactions and will balance out to zero (0) once all opening data from legacy system has been brought over)
Let me know if you need further direction
Suda

I am trying to use powerpoint but when I open a document I want to work on it does not open on my desktop. It appears as open on mission control but it disappears offscreen. How can I get it to open where i need it and can work on it?

I am trying to use powerpoint but when I open a document I want to work on it does not open on my desktop. It appears as open on mission control but it disappears offscreen. How can I get it to open where i need it and can work on it?

It's almost certainly too late.
The time to create a backup is before a catastrophe. After a catastrophe, it's too late.

I have an ipad mini. From one moment to another a document that was created and used on pages app ( on the ipad mini) does not want to open ( When pressed it states " document cant be opened). How can I make this document open again?

I have an ipad mini. From one moment to another a document that was created and used on pages app ( on the ipad mini) does not want to open ( When pressed it states " document cant be opened). How can I make this document open again?
I have tried back ups and restoring, resetting, and even updating the pages app. And nothing has worked.

I have an ipad mini. From one moment to another a document that was created and used on pages app ( on the ipad mini) does not want to open ( When pressed it states " document cant be opened). How can I make this document open again?
I have tried back ups and restoring, resetting, and even updating the pages app. And nothing has worked.

How can i reset my iTunes account balance ?

how can i reset my iTunes account balance ? in order to chnge my iTunes store .

Click here and request assistance.
(89693)

How can i remove an unwanted store balance from my account

how can i remove an unwanted store balance from my account

If you can't spend it then you can try contacting iTunes support and ask if they can remove the balance from ir for you : http://www.apple.com/support/itunes/contact/- click on Contact iTunes Store Support on the right-hand side of the page.

When I save my book in iBooksAuthor as .ibooks, it does not open on the Intro Media page. How can I be sure it opens on the first page?

When I save my book in iBooksAuthor as .ibooks, it does not open on the Intro Media page. How can I be sure it opens on the first page?

hello suffaman46, please refer to the documentation provided by yahoo for this issue: http://help.yahoo.com/kb/index?locale=en_US&y=PROD_ACCT&page=content&id=SLN2896

How can I set home page for a new tab? how can i get firefox to open the home page every time i open a new tab in Windows vista home basic??

How can I set home page for a new tab? how can i get firefox to open the home page every time i open a new tab in Windows vista home basic??
== This happened ==
Every time Firefox opened

Firefox can have multiple home pages if you wish. Each home page that will open when starting Firefox is separated by the "|" character.
See: http://support.mozilla.com/en-US/kb/How+to+set+the+home+page
To have new tabs open a specific web site, add one of the following extensions:
http://sogame.awardspace.com/newtaburl/
https://addons.mozilla.org/en-US/firefox/addon/777

When I open a pdf, it used to open in Preview. Now my iMac requires Adobe Reader, but I prefer Preview. How can I make my iMac open pdf in Preview again?

When I open a pdf, it used to open in Preview. Now my iMac requires Adobe Reader, but I prefer Preview. How can I make my iMac open pdf in Preview again?

If an image opens in a different application but you want it to always open in Preview when you double-click it, do this one time: Control-click the file, let go of the Control key, press the Option key, then choose Always Open With > Preview. Or, select the image file, choose Get Info from the File menu, then change the "Opens with:" pop-up menu choice to Preview.
Mac Basics: Preview app views and edits PDFs and images

How can i make my hyperlinks open in a new window or tab?

how can i make my hyperlinks open in a new window or tab?

The program is InDesign… we need to cease links which will open the linked document in a separate window. Also, the links must be maintained once a pdf is made and the files moved to another computer….

How can I have one thing open in Safari on my MacBook Pro and search for another thing in Safari without closing out of the other? For instance, How can I leave Pandora playing while I search Facebook?

How can I have one thing open in Safari on my MacBook Pro and search for another thing in Safari without closing out of the other? For instance, How can I leave Pandora playing while I search Facebook?

With Safari open use the Command + T keyboard shortcut to open a new tab.
Or, Command + N to open a new window.

How can I get Quicktime to open my WMA file- it says a required codec is not available

How can I get Quicktime to open my WMA file- it says" a required codec is not available"?

please jon, where I can find those "Flip4Mac" codec packages?
Gp to http://www.telestream.net/flip4mac/ to see a comparison list of codec components available and what each set can do.

How can I get iTunes to open to Library instead of the iTunes Store. It does it on one of my computers.

How can I get iTunes to open to Library instead of the iTunes Store. It does it on one of my computers, but I don't know how I did it.

For me, iTunes always opens to whatever I had selected previously when it was closed.
In other words, if I had Apps selected when I closed iTunes, the next time I opened iTunes it would be on Apps.

In my received emails, how can I get Firefox to open URL links that begin with "click."?

In my emails, how can I get Firefox to open links that begin with the word "click."? Instead of giving the me the message that says, for example, "Firefox can't find the server at click.americas.links.hp.com." This also happens when I try to open the links using Explorer.

This link was not valid when I clicked it. Please contact the person sending these links they do not seem to work. The page takes me to a page that says it will load after 5 seconds, however there is not valid link.

How can I download the Australian Open Tennis printable DRAWS?

How can I download the Australian Open Tennis printable DRAWS?

Things like, what version of Acrobat you have.
Link to the site where you are trying to download the DRAWS.
What happens when you try and download the PDF.

How can I offset my BP Opening Balances?

Similar Messages

Maybe you are looking for