| # Opening Balances (tfgld1105s000) Use this session to enter financial transactions for the opening balance of ledger accounts and dimensions. Transactions Start this session from the Transactions (tfgld1101m000) session This session must be defined as the Main Session in the Transaction Types (tfgld0511m000) session. Related topics To use transaction types Transaction Type A user-defined three-position code used to identify documents. The series linked to the transaction type give documents the sequence number. Related topics To use transaction types Transaction Type The description of the transaction type. Document Number The document number in the transaction type. Currency The currency in which the transaction amount is expressed. Date The transaction date of the opening balance document. Currency Rate The exchange rate which must be used for the journal voucher. Rate Factor The rate factor. Currency Base The currency in which the amounts are stored in the ledger account history. Accounting Scheme The type of accounting scheme for which you enter the opening balance. You can only select a ledger account for the opening balance that belongs to the selected accounting scheme. Line The transaction line number. Business Partner If you selected the Business Partner Balance check box for the ledger account in the Chart of Accounts (tfgld0508m000) session, this is the business partner for which you enter the opening balance. Ledger Account The ledger account for which you enter or view the opening balance. Ledger Account The account's description. Dimensions The dimension. Net Amount The amount of the transaction expressed in the transaction currency. Net Amount Indicate whether the amount is a debit amount or a credit amount. Net Amount The amount of the transaction expressed in the home currency. From the Tools menu, choose Rotate Currency to switch home currencies. Net amount = Gross amount - Value added tax - Late payment surcharge Quantity 1 The quantity expressed in Unit 1 selected for the ledger account in the Chart of Accounts (tfgld0508m000) session. Quantity 2 The quantity expressed in Unit 2 selected for the ledger account in the Chart of Accounts (tfgld0508m000) session. Transaction Reference The line reference describes the transaction. Amount The balance amount is the difference between the total debit entries and total credit entries. You can only finalize a batch if the debit and credit entries balance, so this amount is zero (0). Amount Indicates whether the amount is a debit amount or a credit amount. |