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    Opening balance:

    Opening balance is the balance contact (customer or supplier) have at the beginning of the time.

    Suppose you’re shifting the data from another software to Online Billing Software then the opening balance of the contact will be the balance amount which the contact has to pay to you have to pay to the contact.

    Opening balance for customer = Amount the customer have to pay

    Opening balance for supplier = Amount you have to pay to the supplier.

    Adding Opening balance

    You can add opening balance when adding/editing the supplier or customer. In the add contact screen you will find the opening balance field.

    View Opening balance payment

    To view the opening balance of a contact, go to List Supplier/customer, go to view, and in the view page you will find the opening balance & opening balance due.

    Click actions -> View contact

    View the contact details which includes the opening balance.

    Pay or receive payment of opening Balance

    in Contact ManagementOnline Billing Software
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