Finalizing beginning balances
After you reconcile all your beginning balances, you are ready to finalize them. When you finalize your beginning balances:
- The Beginning Balances option
disappears from the
> Setup > - You cannot create new entries dated earlier than that of your beginning balance date.
To finalize beginning balances
- From
the > Setup >
- Ensure that all the information you entered is in balance.
- Ensure that you match cash, accounts payable, accounts receivable, and work-in-progress (assets and unbilled revenue).
- In the Beginning Balances box on the General tab, select the Complete check box.
- Click Save .
| Note: | If you need to change any beginning balance entries, clear the Beginning Balances Complete check box. |
