General Ledger - Opening Balance

Pgm: TRANENT – Enter Transaction; standard Treeview path: General Ledger > Utilities > Opening Balance

Opening balances can be performed using this program or the Enter Transactions screen. The Opening Balance screen allows you to post to subledger accounts, whereas the Enter Transaction screen will prompt the user with a warning message stating they have chosen to post to a subledger. If the user performing this transaction has proper security clearance, either program can be used. Without the proper security clearance, neither program can be used to post to subledger accounts.