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July 25, 2022
Question

Hi how does one find an opening TB on nominal ledger ie brought forward from the last AP?

  • July 25, 2022
  • 1 reply
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1 reply

Level 14
July 25, 2022

 Hello Email13, 

 

Welcome to the Community page, 

 

So the opening balance is from the transactions posted to that particular account from the previous period/financial year. So if you go to the chart of accounts and find the account then you will be able to see the opening balance there. Just to make you aware it won't be the amount that's showing as the opening balance it'll be a number of transactions making up that balance.  Or you can run a transaction by date report for dates before the one you're running now and it will show you.