Update Current Assets
Before importing current assets, make sure that you have created the required ledgers under Chart of Accounts > Assets > Current Assets group.
How to import details of current assets
- Go to: Accounting > Company and Accounts > Journal Entry > New.
- Enter Posting Date.
- Select the appropriate current asset ledger in the Account column and enter the value in Debit.
- Select 'Temporary Opening' ledger in Account and enter the balancing amount in Credit.
- Set 'Is Opening' to Yes.
To know about Journal Entries in detail, visit this page.