If your school or academy moved to Access Education Finance part way through the budget year, you may have spending transactions from earlier in the year that need to be recorded on the system as actuals.
These can be posted as Opening Balances, even if they were not completed during the initial data migration.
đNote: Opening Balance transactions post to Period Zero (0), which represents the position before the first period of the financial year.
Post transactions as Opening Balances
Go to Transactions.
Select Migration Journals.
Select Opening Balances.
Enter the transaction details.
Click Submit.
The transactions will be posted to Period Zero (0), reflecting the opening position for the budget year.