Opening balance entry types

Opening balance entry is a document used to register opening balances of a company’s assets and liabilities. This document is created before the company starts using 1C:Drive to manage its business activities. During posting, Opening balance entry makes records in the Accounting entries data register. Each record has its own entry type that depends on the type of assets and liabilities.

The table below shows all entry types of Opening balance entry and their description.

#	Entry type	Conditions
1	Inventory - Opening balance entry	A company registers an opening balance for inventory on hand or for the production cost of the goods produced for a customer under subcontracting.
2	Inventory transferred - Opening balance entry	A company registers an opening balance for inventory transferred to a third party or a subcontractor.
3	Goods in transit - Opening balance entry	A company registers an opening balance for goods in intra-community transfer (for EU).
4	Manufacturing overheads - Opening balance entry	A company registers an opening balance for manufacturing overheads.
5	Bank account - Opening balance entry	A company registers an opening balance in a bank account.
6	Cash account - Opening balance entry	A company registers an opening balance in a cash account.
7	Accounts receivable - Opening balance entry	A company registers an opening balance of a customer's debt.
8	Opening balance entry - Advance from customer	A company registers an opening balance of an advance payment from a customer.
9	Advance to supplier - Opening balance entry	A company registers an opening balance of an advance payment to a supplier.
10	Opening balance entry - Accounts payable	A company registers an opening balance of the debt to a supplier.
11	Taxes - Opening balance entry	A company registers an opening balance for a prepaid tax.
12	Opening balance entry - Taxes	A company registers an opening balance for the tax liability.
13	Advance payment to advance holder - Opening balance entry	A company registers an opening balance of an advance given to an advance holder.
14	Opening balance entry - Payables to advance holder	A company registers an opening balance due to an advance holder.
15	Opening balance entry - Salary payable	A company registers an opening balance of salary due to employees.
16	Fixed assets - Opening balance entry	A company registers an opening balance for the initial cost of a fixed asset.
17	Opening balance entry - Fixed asset depreciation	A company registers an opening balance for the accumulated depreciation of a fixed asset.
18	Other - Opening balance entry	A company registers an opening balance of other asset.
19	Opening balance entry - Other	A company registers an opening balance of other liability.