Opening Balance Entry Grid Guide

A practical grid-entry guide for users who need to load or review beginning balances carefully during implementation or data migration.

Accounting & Closing Migration and Setup End-User Guide

Overview

Beginning-balance entry is often one of the most sensitive implementation tasks, and the grid format helps users review multiple rows more carefully.

Where To Find It

Path: Opening balance entry screens

Use the beginning-balance entry grid when loading or reviewing opening balances during implementation, migration, or controlled correction work.

How It Works

QBM provides a row-based balance entry grid with date, amount, number, reference, description, and where applicable currency and rate columns.

Main Areas

Area What It Means When To Use It
Balance entry rows Capture the opening-balance records line by line. Use it when multiple opening balances must be loaded or reviewed together.
Date and reference control Supports traceability of the opening-balance rows. Use it when the implementation team wants cleaner audit support.
Currency and rate Supports multi-currency beginning-balance entry where the system uses it. Use it when opening balances are not all in the base currency.

Recommended Workflow

  1. Prepare the opening-balance information before entering anything.
  2. Enter the rows carefully with date, amount, and reference values.
  3. Review all rows before saving, especially if multi-currency values are involved.
  4. Validate the resulting balances through the normal review process afterward.

Best Practice

  • Treat opening-balance entry as controlled implementation work.
  • Review imported or manually entered balances twice before final acceptance.
  • Use clear references so later review is easier.