| 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
Fields | Description
Transaction Type | Transaction types are used to identify the documents. For example, sales invoices, cash transactions, journal vouchers, or credit notes. The series linked to the transaction type give documents the sequence number. Related topics To use transaction types
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 factor by which the amount in the transaction currency or the invoice currency is divided before ERP LN converts it to a home currency. A rate factor is often used for currencies that have a relatively low price, for example, Korean Won.
Currency Base | The currency in which the amounts are stored in the ledger account history.
Accounting Scheme | The 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.
Dimensions | Analysis account for ledger accounts to get a vertical view on ledger accounts. Dimensions are used to specify ledger account information.
Net Amount | The amount of the transaction expressed in the transaction currency.
Net Amount | Indicates 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.