Hi Malee, you have 3 segments in one question. 1-Opening of GL ,AP,AR 2-Posting of Balances 3-Unapplied and Paid amounts look the thing is 1-i am supposing that your closing year is 31-DEC-2015 so you should have to take the balances as of 31-Dec-2015 and paste into JV and post it in 31dec2015 and your GL balances should include(all the BS and PL account values) it will be your BBF for 1-jan-2016 2-please read 1. 3-and in implementing phase the best practice for subsidiary modules are to come up with vendor or customers Net balances,it will be in the form of invoice or credit memo for vendors or customers. i hope this answer will be beneficial for you.
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