Hello there.

Please excuse if this is a very ignorant question, but i am perplexed.

If one captures an opening balance for an account, or a customer or a supplier or a bank account, or if one does a VAT adjustment, the system goes and puts a value in the "Opening Balance and VAT adjustments" system account on the Trial Balance and Balance Sheet, but if one pulls the records through to Draftworx for example, that account needs to be mapped to somewhere or journalized to somewhere.

Where is that 'somewhere', as it is a single sided entry and there system account cannot be touched. 

How are opening balances and VAT adjustments to be handled when pulling through in to financial reporting software please?

Thanking you.