contacts

How do I associate a Opening, Credit or Debit balance to a customer?

You can create transactions for a contact by following these steps.

  • After creating the contact, click on New Transaction under the Contact Details Page to start a new transaction.
  • If the opening balance is to be assigned to a customer, create either an invoice or a credit note depending on whether its a debit or credit balance.
  • Mention ‘Opening balance’ under item details, and save changes to associate that amount with that customer.
  • Follow similar steps for a vendor. Create a bill to display a credit balance or a vendor credit to display a debit balance and save changes.

Invoice representing an opening debit balance

Was this document helpful?
Yes
No
Thank you for your feedback!
Want a feature?
Suggest


Switch to smart accounting software. Switch to Zoho Books.   Start my free 14-day trial