Do my customers’ balances get carry forwarded to the next financial year automatically?
Yes, your customers’ balances will be carry forwarded to the next financial year. To view a customer balance:
- Go to the Contacts module in the left sidebar.
- Select the customer for whom you wish to see the customer balance.
- Click the Statements tab. The Opening Balance in the Customer Statement for the current fiscal year will display the overall unpaid amount of that customer.