Opening Balances with Unpresented Cheques
When you first start using Constructor you will undoubtedly have a list of GL account balance (as at the date you start off with the accounting modules) that need to be transferred into Constructor’s General Ledger module.
Assuming you have already set up the Chart of Accounts the opening balance process can be a straight forward as one big General Journal, replicating the Trial Balance from your old system. Debit and Credit all the relevant accounts to produce one, big balanced journal and thereby place balances into each account. Further discussion of opening balances is beyond the scope of this document.