Entering AR balances for a new company

[chemker]

Hello -

What is the best way to enter AR balances for a new company? We are looking for a manual method since there is limited data.

Thank you.

 

[Oliver]

Hi,

I know we are on different release, but the inner workings of JDE are the same(

).

Here's what we did when we migrated our AR beginning balances:
1. Use Z-files, either manually keying the data in P03B11Z1 (E1 Menu > Financials > Accounts Receivable > A/R Advanced & Technical Operations > Batch Invoice Processing > Batch Invoice Revisions) or import your AR balances in F03B11Z1 (my way

).

2. Use Batch Invoice Processor "R03B11Z1A" to Process (run proof mode first)

3. Run final mode if no errors or check WC if errors occurred and correct.

Hope this helps.

 

[Solutionkid]

If the volume of invoices is such that you do not mind doing it manually you can use Manual Invoice Entry which should appear on your A/R-Daily menu. This will let you enter individual invoices into the system for each customer's open balances or individual invoice records for each detail open item each customer has. Your choice how much detail you enter.
You will have to enter an offsetting G/L account to make each invoice record balance in the financial system and you need to select an appropriate account to use -- probably not a revenue account but your financial staff should be able to advise you.
If the volume is too high then you can follow the instructions given for using the "z-file" process.