Opening balances overview

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Opening balances are assets and liabilities your company possesses at the beginning of the first accounting period, including:

Amounts in cash or bank accounts
Warehouse stock
Outstanding receivables or payables
And more

It is recommended that you enter the opening balances for your company before you start working with 1C:Drive.

1C:Drive stores all opening balances in the Opening balance entries list. To open it:

Go to Company.
Under See also, click Opening balance entry.

In this list, you can:

View opening balance entries
Create opening balance entries

For a detailed description of opening balance entry fields, see Opening balance entry fields.

To help you quickly enter the most common opening balances (such as bank account amounts or warehouse stock), 1C:Drive offers the Opening balances wizard.

To open the wizard:

Go to Quick menu.
Under Initial data setup, click Opening balances wizard.

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