[GL] Updating Beginning Balances in the General Ledger

This process will allow Beginning Balances to be updated to include or exclude amounts when the Beginning Balance Update changes values.

Begin by accessing the GL Beginning Balances module from General Ledger >> Programs.

1. Select the Current Fiscal Year.
2. Edit the Begin Balance column with the correct amount that should be reflected at the beginning of the current Fiscal Year.
3. Save and close the form.

GL Beg Balance Updates several years past years initialized triggering amounts in GL Accounts that are no longer active to pull data into the current year’s GL Beginning Balances.