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Thread: Prior Year Opening balance

  1. #1
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    Prior Year Opening balance

    Hello

    I am using pastel xpress v18. Is it possible to correct prior year opening balance?
    Also, how to remove balances showing under the opening balance/suspense sub accounts?

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    Opening balances can be edited in pervasive, if you have the skill and know where to change what, or a support consultant can assist.
    It would be better / easier for you to do a prior year journal to period 1 of last year. When you go into process journals, before you start entering lines, click on the settings button, then untick "This Year Transaction". You will see a "Last Year" in red at the bottom of the batch and can select last year's periods and process the changes on the first day of last year.

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    Thank you
    Will try that

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