Hi all,
May i know how does the initial balances in general ledger work? Does it carry forward the amount from last month into this month? How does it link with trial balance?
I would like to get the bring forward amount in the general ledger for every month as the opening.
I've tried select the period and tick for the initial balances option but no luck, all the initial balance amount in my account ledger always show zero (RM0) when print the general ledger in pdf format .
Would appreciate anyone of your kind help point me to the right direction.
Thanks,
KN.
@Ermin Trevisan Thanks for reply. May i know how to make a complete opening processing for each month?
This depends on the Odoo version you are using. Please consult the official Odoo documentation https://www.odoo.com/documentation/user/9.0/accounting.html or https://doc.odoo.com/book/3/3_9/ for version 8.0 . Please note that you do not only have to opening each month like a new fiscal year, but also to close each month like a fiscal year.
I have to remark that I do not understand why you would want to do that in the first place, I have no idea what the use case of such a procedure would be. So I'm not sure if you really know what you are doing from an accounting perspective.