Accounting Ideas

Opening Balance removed on Profit and Loss accounts

The program needs to remove the opening balance for a prior year and the running balance - the PNL accounts should only show the current financial year amounts and running balance as in Sage 50 ..... Need to run a year end routine to clear down the ledger

  • Guest
  • Oct 30 2020
  • One For The Future
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  • Guest commented
    30 Jan 09:30am

    surely this can not have the status of "ONE FOR FUTURE" !!! It was shared in 2020. How much in the future do Sage want to take it??? Does anyone know how we raise the priority?

  • Guest commented
    20 Jan 04:55pm

    This ought to be corrected - these opening balances make for too much extra effort.

  • Guest commented
    17 Jan 12:45pm

    This is a basic accounting concept. How can Sage call this product an accounting system when this idea is not adopted???