Can any one tell me what are the points to be kept in mind while Entering the Opening balances for stock,G/L,BP in SAP B1 2005B Version PL 40.
What is the procedure to enter these 3 types of balances.Whether i have to create individual opening balance A/c. in the Chart of accounts for this.
And tell me how to cross verify whether the datas entered by me as a opening balance for all these 3 types are correct or not.
Thanks in Advance,
You are right
Customer Balance -- To be entered in Positive.
Vendor Balance -- To be entered in Negative.
Asset GL Balance - To be entered in Positive.
Liability GL Balance - To be entered in Negative
Stock Balances - To be entered in Positive.
Equity GL Balance - Not sure about this. Consult your client's finance manager