Opening balances (one-time)

Set starting stock and supplier/customer balances before day-to-day trading. The wizard locks after the first real receipt or posted invoice.

  1. Step 1

    Open Opening Balance

    Purchasing → Opening Balance appears only while setup is allowed. If it vanished, you already have trading activity — opening balances cannot be re-run.

    Screenshots show the English workspace UI.
    Open Opening Balance

  2. Step 2

    Enter opening stock

    Create products first. Then receive opening quantity into the default warehouse through a purchase receipt (or the Opening Balance page while it is still unlocked). Do not type on-hand on the product form.

    Screenshots show the English workspace UI.
    Enter opening stock

  3. Step 3

    Enter party balances

    Enter supplier AP and customer AR opening amounts. A hidden system supplier handles opening AP — it never appears in supplier pickers.

    Screenshots show the English workspace UI.
    Enter party balances

Related articles

Purchase receipts

Record stock received from a supplier. Stock and supplier balance (AP) update together when you save.

Payments and balances

Record money paid to suppliers or received from customers against open AR/AP charges. On-credit sales invoices create customer balances automatically.

Trading Pack overview

Summit workspaces get suppliers, purchase receipts, returns, AR/AP balances, payments, opening balances, and trading reports. Cash sales stay simple; credit sales post to the customer balance.