Import advances, bank, stock and asset balances

What you need to know

• Customer advances and unallocated payments: create Payment Entries dated before go-live against the Temporary Opening account.
• Bank and mobile money balances: include them in the opening journal entry.
• Stock: use Stock Reconciliation with quantities and valuation rates per warehouse.
• Fixed assets: create Asset records with the purchase date, cost and accumulated depreciation to date.

Tip: Import stock with batch and serial numbers if you track them. It’s much harder to add them later.