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- Remove Duplicate Transaction
- Update budget when run year end processing
- Contract sum maintained
- The difference between Enter Opening Balances and Enter Last Year Figure
- To activate the Budget button
- Unlock Opening Balance
- To activate the checkbox of With Income & Expenses Account
- Print Official Receipt not involved debtor
- Error Message: Batch Number ( ) not allowed to remove
- Error Message: Not enough room in batch
- Error Code 43: There is not enough memory to complete this operation.
- Account Code
- Error Message - Variable ‘GLDATAI’ is not found.
- OLE exception error: Exception code c0000005. OLE object may be corrupt
- Table c:\ubsacc90\data\GLP OST. DBF’ has become corrupted. The table will need to be repaired before using.
- Select Company screen
- Numeric Overflow. Data was lost.
- This transaction has been locked
- This batch is reserved for pin 0
- Batch Number 1 not allowed to remove.
- Include Zero Balance
- Access Not Allowed
- Select Company Screen
- Syntax error
- General Ledger A/C Maintenance - View Ledger
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Sticky FAQs
UBS Accounting Software » General
The difference between Enter Opening Balances and Enter Last Year Figure
Description
The solution below is explaining the difference between Enter Opening Balances and Enter Last
Year Figure.
Solution
1. Enter Opening Balance is to key in the opening amount for the starting period (served as balance b/f for current year/period’s ledgers); Enter Last Year Figure is to key in the closing amount for last accounting year (will be displayed as last year figure in financial reports); both needed to key in only once when start using UBSACC. The figures will be auto-updated after year end process.
2. When keying in Enter Last Year Figure, for example: for year ended 31 Dec 2005, we take the amount of Balance C/F as at 31 Dec 2005 for all ledger accounts (all balance sheet accounts and income/expenses accounts); BUT for retained earnings, the amount of Balance B/F as at 01 Jan 2005 should be adopted.
Tags: The difference between Enter Opening Balances and Enter Last Year Figure
Related entries:
- Update budget when run year end processing
- Unlock Opening Balance
- To activate the checkbox of With Income & Expenses Account
- Error Message: Batch Number ( ) not allowed to remove
- Table c:\ubsacc90\data\GLP OST. DBF’ has become corrupted. The table will need to be repaired before using.
Author: Noor Diyana
Revision: 1.1
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