Prerequisite: Setup a new Company
Once the company is created, the following screen will appear. Here, select the option "Accounting -> Ledger".
Once we click the "Ledgers ", the following screen appears. Click on Groups drop-down menu and select All Groups as shown below.
Once we click on All Groups, all the ledgers created by you will be displayed as shown below.
For example, let's take that Anish has Land & Building worth Rs.1,00,000/=. Against the ledger account, type the amount and click "Update" as shown below.
When the Opening balance is updated successfully, the following screen appears and highlights "Ledger is updated with Modified Opening Balance: 100000.00"