Beginning balance when starting a new period
When you are starting a new financial period or year, you can see its beginning balance as follows:
- Open the Account summary (GL401000) window and filter it by type to show assets and liabilities only.
- Select the correct ledger and the first period after the closed period or the period whose beginning balance you want to see. Ensure that the previous period is closed to get the correct balances.
- Now you can see the balance in the Beg. balance column, and you can export it to Excel.