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Opening balance should be input on 31st March or 1st April.

Hi all:

Plz tell me when should we have to enter opening balance in SAP B1 system.Whether it should be entered on 31st March( system date) or 1st April of the financilal year.

How the system react to the two ways of entering opening balance.Is there additional Journal Entry created by entering it on 1st April( system date) and if so what are their drawbacks.

Message was edited by:

Khushwant Sansowa

Former Member
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