Table of Contents Quasar Commands Up: Setup System Previous: Sequence Numbers

Open Balances



The open balances screen is for use when first setting up Quasar. Its purpose is to provide a mechanism for entering the opening balances of your customer's receivable accounts, your vendor's payable accounts, your inventory and your general ledger accounts,

Store

Enter the store for which the opening balances are being entered

Station

Enter the station being used to create the opening balances record

Employee

Enter the employee creating the opening balance record.

Customer

Use the customers folder to enter the opening receivable balances for your customers.




Vendors

Use the vendors folder to enter the opening payable balances for your vendors.




Items

Use the items folder to enter the opening inventory balances for your inventoried items.




Accounts

Use the accounts folder to enter the opening general ledger account balances for your chart of accounts.




Account

Enter the ledger account that the opening entries will be posted to. Usually you will choose your historical balance account.
Table of Contents Quasar Commands Up: Setup System Previous: Sequence Numbers