What Is The Opening Balance?

1.	What Is The Opening Balance?
Answer» When you START LOADING inventory data from R13 you start with a certain POINT in time; this is what is called opening balance; assume that you have inventory SINCE Jan 2002; you are loading data on Jan 2003 and the opening balance for the product is 200; the data before Jan 2003 is “HISTORIC data”; any data loaded after Jan 2003 is a delta load. When you start loading inventory data from R13 you start with a certain point in time; this is what is called opening balance; assume that you have inventory since Jan 2002; you are loading data on Jan 2003 and the opening balance for the product is 200; the data before Jan 2003 is “Historic data”; any data loaded after Jan 2003 is a delta load.

Answer»

When you START LOADING inventory data from R13 you start with a certain POINT in time; this is what is called opening balance; assume that you have inventory SINCE Jan 2002; you are loading data on Jan 2003 and the opening balance for the product is 200; the data before Jan 2003 is “HISTORIC data”; any data loaded after Jan 2003 is a delta load.

When you start loading inventory data from R13 you start with a certain point in time; this is what is called opening balance; assume that you have inventory since Jan 2002; you are loading data on Jan 2003 and the opening balance for the product is 200; the data before Jan 2003 is “Historic data”; any data loaded after Jan 2003 is a delta load.

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