Sales made before the conversion month of April that are still outstanding, need to be entered into MYOB Essentials so you can record payments against them when they’re made.
Earlier we entered an opening balance of $4301 for the Trade Debtors (Accounts receivable) account.
We now need to enter each of the unpaid invoices that make up this total.
Trainer note for this - would be to discuss where you need to go initially Setup>Balances>Customer Balances as opposed to Enter Sales which which we will look at next.
And discuss the Out of Balance should end up being zero.
Historical sales are only used to track outstanding amounts and recording payments. No transaction is created.