Prerequisites
Before setting up beginning balances, you need to:
Create master records for each asset in the system.
Verify that the amounts that you want to enter on the Beginning Balance Setup form are already posted to the general ledger.
Before setting up beginning balances, you need to:
Create master records for each asset in the system.
Verify that the amounts that you want to enter on the Beginning Balance Setup form are already posted to the general ledger.