Year End & Opening
Import or paste the Trial BalanceBring the supporting detailProfit and loss brought forwardSettle opening items laterOpening-balance completion checks
Import or paste the Trial Balance
- Create the opening-balance import for the client/period.
- Paste or upload the nominal balances from CSV/Excel.
- Map source accounts to the Balansix chart where required.
- Confirm total debits equal total credits.
- Resolve mapping exceptions before posting.
Bring the supporting detail
Split bank balances by actual bank account. Add customer/supplier subledger detail where outstanding receipts/payments will be settled after migration. Bring comparative figures where required for reporting and statutory accounts.
Profit and loss brought forward
Prior-year Profit & Loss balances should not remain as current-period income/expense activity. Balansix carries the cumulative prior-year result into the brought-forward reserves position while preserving comparative reporting.
Settle opening items later
An opening customer, supplier or accrual balance can be cleared by a later bank receipt/payment. Match the bank line to the brought-forward subledger/control item instead of posting the cash again to current-year income or expense.
Opening-balance completion checks
Before live postingOpening journal balances.Bank account openings agree to source statements.Customer/supplier detail agrees to the control totals.Comparatives have the intended period.No duplicate opening import remains active.