[GNC] How To Put Opening Balance in Acc Rev Account?

[Adrien Monteleone]

Usually entering manual transactions in the AR/AP accounts is 
discouraged because if you are using (or later decide to use) the 
Business Features, they will not see those transactions.

The proper thing to do would be to Process Payment for the overpayment 
amount for the tenant (customer).

When an invoice is entered for the customer, then apply that overpayment 
to it.

If you really want to do things manually, create a child of AR called 
'Other AR' or something similar, (as a regular type 'asset', *not* type 
'A/Receivable' as you can only have one of those in your book) and enter 
your manual transactions there according to David's advice.

Regards,
Adrien

On 3/14/22 10:32 PM, davidcousens49 at gmail.com wrote:
> Arthur,
> 
> The Accounts Receivable account is an asset account which means it is debited to increase its balance and credited to decrease its balance. You want to it to have a negative balance by the amount your tenant is in credit.
> Manually nter a transaction at the date you opened the books with the following
> entries/splits to create the negative opening balance xxx. You can do this
> either from the Acounts Receivable or the Opening balances register.
> 
> Asset:Accounts Recievable    Credit xxx
> Equity:Opening Balances      Debit  xxx
> 
> David Cousens
> 
> On Tue, 2022-03-15 at 03:07 +0000, arthur brogard via gnucash-user wrote:
>> I've opened an account receivable account for my rental place.  The tenant is
>> in credit.  He's overpaid.  I need to open it with that balance.  I don't seem
>> to be able to put in an opening balance at all.
>> What to do?