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This topic require you to have fairly good accounting knowledge. You may want to seek your accountant or our support team for assistance.
If your company is newly setup, you can skip this topic.
If you are migrating from your current system to Realtimme cloud, your trial balance (existing account balance) need to be entered as at the cut-off date (b/f)
You can now enter the value in excel template downloaded from Realtimme Cloud and import your GL Closing balance into our system easily and very quickly.
: How to import GL Closing balance into Realtimme Cloud
Step 1: At [A/C Entry], click [G/L Journal], click [Opening Balance] tab
Step 2: Follow the steps in Fig 2 , from  to 
Whether you enter manually or import from above steps, you will see the screen below. To enter manually, follow step  to 
Step 4 : Note: You need to transfer closing stock (row 10) from 30/04/2021 to Opening Stock dated 1/ 05/ 2021, as shown below.
Dr L-O001 Opening Stock 3,491.50
Cr D-S001 Closing Stock (Balance Sheet) 3,491.50
The General Ledger for the closing Stock and Opening stock will be as per below.