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CutOver data

Former Member
0 Kudos
46

Hi experts,

My client is asking that they want to change ASSET and LIABILITY amount , after uploading the data in chart of accounts , now they want change after auditing is it possible to do it

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hi ,

Better to find all the difference in the opening Ledger Wise .

Then

Goto Admin --> System Initialization -->Opening Balances --> G/L Accounts Opening Balance.

Choose the Opening Account in the header Part .

Now post the difference in the OB(LC) Column , if the amount is less than the actual put the Difference in (-ve) Value ,

and in the case of More , put the difference Amount in (+ve) Value .

Thanks

--

Ashish Ranjan

Former Member
0 Kudos

Asish Thanks

we uploaded in 1st april in current Finacial year by G/L Opening Balance, after making some auditing now they want to Upload the data in ASSET and LiABILITY so it is possible?

Former Member
0 Kudos

Hi ,

If so , i am again suggesting that it is better to do as follow :

Goto Admin --> System Initialization -->Opening Balances --> G/L Accounts Opening Balance.

Choose the Opening Account in the header Part .

Now post the difference in the OB(LC) Column , if the amount is less than the actual put the Difference in (-ve) Value ,

and in the case of More , put the difference Amount in (+ve) Value .

It will also help in Audit Purpose later on.

thanks

--

Ashish

Answers (3)

Answers (3)

Former Member
0 Kudos

Hello ,

It is better to upload all data again because if you will make JE then it will have nos of transaction and your client accountant never agree with you .

If Accountant is agree then make old fisical year make make JE accordingly and it will be correct for next or current year ledger.

Thanks

Manvendra Singh Niranjan

Former Member
0 Kudos

Hi........

You can manage that by Journal Entry at the desired date.......

Regards,

Rahul

Former Member
0 Kudos

Hi Kaleeswaran ,

By which date u have done the Opening in the system for which fiscal year ?

and by which means ?

(Entering Direct JE or By G/L opening Balance)

Thanks

--

Ashish