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How to setup bank accounts for the first time in Mprofit (Accounts) ?

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  • How to setup bank accounts for the first time in Mprofit (Accounts) ?

    1. When you setup bank accounts for the first time, you will notice on the left side it says "Difference in Opening Balances".

    -
    You need to capitalise that "Difference in Opening Balances" in Capital Account.


    [​IMG]


    2. From the Ledger view click on Activity Menu then select Edit Group/Ledger List.





    3. Double click on Capital Account.





    4. Enter the capital amount as on the beginning of the financial year.





    4. Now, you will not see the "Difference in Opening Balances".


    [​IMG]
    Last edited by Shweta Rathod; 07-06-18, 01:14 PM.

  • #2
    Thank you so much for the help.

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