We are going Live with NAV 2016 however the closing Trial Balance is not ready.
For example Our GO-LIVE date is 01 Nov 2018 and would like to upload opening balances as on 31 OCT 2018. However we may need to record all the transactions till 31 Oct 2018 in legacy system and may take time till 10 Nov 2018.
Can we upload opening balances in NAV after 15 Nov 2018.
If yes please let me know how can we do this backdated.
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Hi
You can do that, there is no restriction for uploading opening in backdated . You need to take note following points :
1. In Gen Ledger setup must allow the transaction date .(i.e. 30th October 2018)
2. For inventory opening must change the posting account
3. During the upload time all user must log- out from the system .
Regards
Subhashis
I've never was in the same situation, but I'm tend to say "yes, but I would avoid it".
You can apply the Posting Date to be 31st Oct, when uploading the transactions into a General Journal after the 15th Nov.
The drawback for your plan is, that you should consider to limit the activity in the new system to Sales Order/Purchase Order transactions only.
Of course, working with Sales Orders implies that you import inventory on the 1st Nov.
Other transactions like reminders, payments, inventory valuation, bank reconiliation etc. are based on the finance accounts. You would have to wait with these until you have all transactions imported.
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