Hello
Just having a trial of Solar. Finding it very straight forward to use,
but having a problem with opening balance of debtors and creditors.
Have set up customer and supplier accounts with opening balance but when printing trial balance there are credit amounts in the vat, sales and debit amounts in uncategorised and balancing accounts - these should not show as balances are from last year.
Hi,
Yes Solar Account needs to be more intuitive when initially setting up with creditors and debtors that have an outstanding balance.
After you enter the opening customer and supplier balances you should go through each account in the Accounts list and set the opening balance for that account. For the income and expense accounts you should set the opening balance to zero, and for the other accounts (including VAT Liability) you should set the opening balance to match the Balance Sheet report from your previous year. This will result in a zero balance in the Balancing Account.
Regards,
