I cannot add opening balances to suppliers.

If I go to my Expenses & select Supplier, I select one of my suppliers, it does not give me the option to add opening balances. I can only edit their account information. Please help.

Answer

Let's make sure you can record the new opening balance, vshyd.

It's possible that an existing opening balance was previously entered for that supplier. That's why you're unable to add it. You can go to the Transaction List tab to check for the opening balance.

Here's how:

  1. Click Expenses.
  2. Select Vendors.
  3. Choose the name of the supplier.
  4. Go to the Transaction List tab.
  5. Check if a bill was created with the Other Expenses category.
  6. Click the bill to see the details
  7. Under the Memo box, make sure that there's the opening balance remark. (If you want to update the opening balance amount, delete the transaction.)
  8. Click More at the bottom, then select Delete.

Once done, go to the Supplier Details tab and add the new opening balance.

Feel free to reach out to us if you need anything else. We'll make sure keep in touch.

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IntuitMariaS , Community Support Specialist
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