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Vendor Opening Balances

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Posted on by Kaisha

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I have created vendor opening balances using the general journal. The amounts on the vendor card are correct but these are not showing on accounts payable. How can i go about this

Regards

Kaisha

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Gerardo Rentería Ga... 23,855 Most Valuable Professional on at

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Vendor Opening Balances

Hi

Have you verified that the g/l account configured in the vendor's posting group is correct?

Best Regards

Gerardo

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YUN ZHU 93,889 Super User 2025 Season 2 on at

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Vendor Opening Balances

Hi, please check the settings below.

Hope this helps.

Thanks.

ZHU

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Kaisha 125 on at

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Vendor Opening Balances

The G/L account is correctly configured. Someone kindly help

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Isuru 79 on at

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Vendor Opening Balances

Kaisha,

Please check whether you have set the GL account in Vendor Posting page, under 'Payable Account'

You can set Vendor group wise GL accounts. This will help to maintain GL Vs subledger matching.

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Judy Microsoft Employee on at

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Vendor Opening Balances

Hi,

Have you tried to Use the reconcile process in Business Central to reconcile the vendor balances.

This process helps synchronize the vendor balances with the accounts payable module.

The reference Document:

Reconcile Bank Accounts - Business Central | Microsoft Learn

Best Regards,

Judy

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Dallefeld 211 User Group Leader on at

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Vendor Opening Balances

Typically, when you enter your beginning vendor invoices/balances, the accounting entry debits and credits the associated GL account from your vendor posting setup which is a net entry of zero dollars.

The balance in the accounts payable account should be posted from your beginning general ledger entries. And it is important to make sure that your vendor entries total to your general ledger entries.

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