When starting to use “Edara,” it’s important to carry forward account balances from the previous period into the system. The opening entry allows you to record these balances in a single transaction, saving time and effort while ensuring data accuracy.
Here’s how to do it.
Inserting the Opening Entry
Note: Before proceeding, make sure the “Open/Close Accounting Period” setting is disabled.
You have two ways to enter the opening entry in Edara:
1- Inserting the Opening Entry Manually
1- Go to the Accounting module.
2- Open the “Opening Entry” page.
3- Click on "Load".
4- Click the “+” icon to expand the account classifications.
5- Specify the opening balance amount in the desired account and its corresponding account, ensuring that the opening entry is equal on both the debit and credit sides.
Note: Ensure that the debit and credit totals are equal.
6- Click on “Save”.
2- Inserting the Opening Entry Using Excel
Follow the same initial steps as in Method 1 up to step 3, then:
Click on “Excel”.
Specify the opening balance amount in the desired account and its corresponding account, ensuring that the opening entry is equal on both the debit and credit sides.
Save the changes you made in the Excel file.
Then, repeat steps 1 to 3 from Method 1, and continue as follows:
Import the Excel file by clicking the ⇅ icon.
Select the file containing the opening entry data.
Click on "Save".
If you encounter any challenges or have any questions during these processes, you can contact our technical support team, which is ready to assist you.