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Former Member
Jul 17, 2009 at 02:25 PM

Data Migration Opening GL balances

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Hi,

i have understood the procedure for uploading the legacy data.

1) For AR & AP we have to consider only open items.

2) For GL balances as on date ( those which are not maintaing as open item management )

3) we should use one offsetting opening balances GL uploading a/c for AR,AP,Asset & GL.

Ex : For Vendors.

40 vendor opening bal GL upload a/c

31 Venodr a/c

at the time of completion of migration activity, opening balance GL upload a/c balance must be Zero.

how can we make these account balances as Zero. explain me with examples.

Regards,

Shekar.