Enter, or click to select, the fiscal year for which you want to enter beginning balances. You can also use Query to select the correct fiscal year or to select and view balances entered previously.

Enter, or click to select, the reference number for which you want to enter beginning balances.

In each session, Costpoint maintains a running balance of all account balances you enter in the session. It is recommended that you calculate the net amount and hours for the balances you plan to enter during the session. When you finish, check those totals against Costpoint's running balances to make sure that no data entry errors occurred. (When you close the screen, Costpoint discards the running balances).

Enter, or click to select, the account for which you want to enter beginning balances.

This non-editable field displays the name of the account.

Enter the beginning balance, in your company's functional currency, for the selected account. Regardless of the type of account, enter the balance as a positive amount if it is a debit balance. If it is a credit balance, enter a negative amount by preceding the amount with a minus sign (hyphen).

Enter the beginning balance in hours (if applicable) for the selected account.