Hi, I have created a non-profit new company fiscal year and I am starting with a balance forward.

Before I start making other journal entries I wanted to enter this properly.

The Sage 50 is 2014.3 version on this non-profits computer.

Parents
  • 0
    verified answer

    HI:

    You would enter your opening balances in the individual accounts under company, chart of accounts, the accounts affected, under the Account tab in balance box on the bottom right of the screen (providing you are in history mode). If you are not in history mode just make a journal entry for all of the opening balances on the opening date you have setup for the non-profit.

Reply
  • 0
    verified answer

    HI:

    You would enter your opening balances in the individual accounts under company, chart of accounts, the accounts affected, under the Account tab in balance box on the bottom right of the screen (providing you are in history mode). If you are not in history mode just make a journal entry for all of the opening balances on the opening date you have setup for the non-profit.

Children