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Changing the opening balances of an AO Classic General Ledger

This support note applies to:

  • AO Classic General Ledger (AU)

  • AO Classic (NZ)

Article ID: 25226

In this article, you'll learn how to change opening balances after rolling over into the new year in Accountants Office (AO) Classic - General Ledger.

To change opening balances for a period ledger

  1. Within the client's general ledger, select Opening Balance from the Period End drop-down list.

  2. Enter the required transactions with the opening balance date to correct the balance amounts.

To change opening balances for an annual ledger

  1. Within the client's general ledger, enter the required transactions with the opening balance date to correct the balance amounts.

  2. From the General ledger menu, select Edit Posted Transactions.

  3. For every transaction that you entered:

    1. Click the account that you want to edit.

    2. Double-click the transaction that you entered for this account.

    3. Select the Opening Balance checkbox.