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Categories AgExpert Accounting AgExpert Analyst
Created by AgExpert Support
Created on Jul 26, 2017

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Hi,
I'm doing my first year with AEA and I'm having trouble entering my opening balance for my GST receivable for the last quarter of 2016. We have a refund that was filed at the end of January deadline.
I have tried entering it as a transaction (receivable charge, A-), but then nothing makes sense for the offsetting entry; there is no A+ showing up for an option. Any suggestions? Thank you!

  • ADMIN RESPONSE
    Feb 10, 2025

    Hi Monika!

    We have an Knowledge Base article that covers this in a very general sense:

    http://community.fccsoftwar...

    You will follow the instructions on the article for your historical receivable charge. However, when you get to the Type on the individual line, use A-, and set the account to GST Paid. AgExpert will recognize this as an opening balance and treat it accordingly.

    I hope this helps!

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