The Knowledge Base article instructs to use a Cash Clearing account when entering in the opening credit card balances (4-7-3).
My question is, if I am posting my initial trial balance opening balances, then what is the off-set to the cash clearing?
It sounds like (According the KB article) that I am creating a credit balance to my liabilities (Via 4-7-3) and a debit to cash clearing. How do I clear the cash clearing account so I don't throw off my trial balance?
Sage 100 Contractor?
Moving this post to the Sage 100 Contractor forum in the Sage Construction and Real Estate Support Group.