Opening Balance in UBS and Navision

UBS has an Opening Balance screen for user to enter the opening balance of accounts. Navision does not have Opening Balance screen. Opening Balance is entered through General Journal.

Opening balance entered in the Opening Balance screen is the lump-sum values. UBS has the function to distribute the opening balance to other accouting periods so that the aging will reflect correctly. The aging in Navision depends on the Posting Date at the General Journal. You just need to enter the appropriate posting date and post the entries to ledger. Then, the aging will appear correctly.