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Starting balances for customers

MillyMilly Member Posts: 8

I have just started using Wave and want to load opening balances for customers. it appears I can load a starting balance for accounts receivable as a whole but not for individual customers under accounts receivable.
Please advise. Thanks

in Accounting Technical Support

Comments

  • Ellie_Writes_ThingsEllie_Writes_Things Member Posts: 42 ✭✭

    Hey Milly! You'll have to enter all of your unpaid invoices in Wave. If it's a lot of invoices, you could just make one big invoice for each of your clients. You don't have to send those out, you can just use them for your client balances.

  • MillyMilly Member Posts: 8

    Hi Ellie
    That is great, thank you.
    One more curveball. I have a few credit balances in my debtors, how do I handle those ? Can I post credit notes ?
    Mills

  • Ellie_Writes_ThingsEllie_Writes_Things Member Posts: 42 ✭✭

    I think you can just make invoices with a negative amount to cover that. I've seen a few other people ask about credit notes around here too, so try searching the forum, maybe you'll have some luck. I have yet to use credit notes myself, so I'm not too sure of the best way to handle them.

    edited April 25, 2018
  • MillyMilly Member Posts: 8

    Thanks Ellie

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