Align your balances
It's a good idea to check your client's opening balances to ensure they align with yours. Client Accounting gives you a few options:
Method | Description | Best if... |
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Compare account balances from your current general ledger with the balances in your client's MYOB AccountRight or Essentials common ledger. Fix any differences by posting to your client's ledger. |
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Adjust the prior-year balances in the configured common ledger. This option doesn't post to the client company file. |
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Process manual journals | Manually prepare and post journals into the AccountRight or Essentials file to align the balances between your general ledger and your client's common ledger. |
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If your client's balances are aligned with yours, you can skip this step and go to Set up balance forward accounts.