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Using TurboCASH

 







TAKE-ON OPENING BALANCES
CREATE SUNDRY DEBTORS ACCOUNT FOR TAKE-ON OF OPENING BALANCES
  
If you have many debtor accounts with outstanding balances, and if you wish to take-on opening balances for each accounting period, to utilise the ageing facility in TurboCASH, you need to create a Sundry Debtors Account. When you enter the opening balances for the General Ledger Account, you will allocate the balance of your Debtors Control Account to this Sundry Debtors Account in the Debtors Ledger. TurboCASH will, once the General Ledger opening balance batch is posted to the General Ledger, update the Debtors Control Account in the General Ledger.

To create a Sundry Debtors Account to Take-on Opening Balances:
Click on the Edit - Accounts - Debtor menu option or press the and and and keys on your keyboard. The Debtor Accounts and the Debtors search facility screens will be displayed.

Title bar. Close button - click to close or exit this screen. Click to create a new Account. Click to search for a Debtor Account. Click to delete a Debtor Account. Click to Save the data entered for a Debtor Account. Enter the Account code and name for the Sundry Debtors Account. Leave blank. Leave blank. Enter a new account number or select an existing account. Enter a Name of the Sundry Debtor Account. Leave blank. Leave blank. Leave blank. Leave blank. Leave blank. Leave blank. Click on the OK button to save your changes and to select a Debtor Account. Click to close or exit this screen. Leave blank or unallocated.
Press the key on your keyboard to exit the Debtors search facility screen and enter the Account Number (e.g. 0DOPEN). TurboCASH will display the following confirmation screen.

 


Click on the button. Enter the name for your Sundry Debtor Account - (e.g. Debtor Opening Balances) and leave the rest of the fields on this screen (including the Statements and the Accounting Information tabs) blank.
Click on the button and press the key on your keyboard twice to close or exit the Debtors search facility and the Debtor Accounts screen.

You may start to take-on your General Ledger balances and Debtor Account balances.