Configure a Supplier Opening Balance
How to Configure a Supplier Opening Balance in Muhasib ERP
Overview
This guide will help you record the supplier's approved starting payable or debit at cutover.
Muhasib can create supplier/person ledger and General Ledger records used by due/ageing and financial reports.
Who can do this
You need access to Supplier Add/Update and relevant financial/opening-balance rights.
Before you start
Create active fiscal year, supplier, payable/default accounts, and an approved cutover schedule. Back up the database.
Before saving, check that the correct company is open and that you have permission to complete this task.
Where to find it
Back Office → Purchases & Suppliers → Manage Suppliers → opening-balance/accounting area.
Configure a Supplier Opening Balance
Step 1: Confirm supplier and balance date
Step 2: Determine payable versus supplier debit direction
Step 3: Enter the amount in the verified field
Step 4: Select required GL/payment account
Step 5: Save once with source reference
Check your work
Compare and Confirm Supplier Ledger, Supplier Due/Ageing, Account Ledger, and Trial Balance.
Take a moment to check your work before closing the window. This small check can save time later.
If something goes wrong
- Do not create a fake Purchase or Payment to force an opening balance.
- Correct before live activity when possible.