PlummetFahad Al Mansoori

1500 — Warehouse equipment

AssetsFixed assetsExample

Balances on the debit side. Everything below is derived from the postings that name this code.

Open the ledgerBack to the chart
Opening balance AED388,000.00
Debits AED388,000.00
Credits AED—
Balance AED388,000.00
Postings0

Account details

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The code is what every posting refers to, so it cannot be changed once the account exists.

Decides which side of the books it sits on.

The subtotal it falls under.

The balance brought forward, on the side the account naturally sits. A creditor of 12,000 is entered as 12000.

Running balance and date range
SourceNarration
7 Feb 2026OpeningBrought forwardBalance brought forward from the previous system · Balance brought forward from the previous system388,000.00—
Totals388,000.000.00
  • OpeningBrought forward

    Balance brought forward from the previous system · Balance brought forward from the previous system

    Date7 Feb 2026
    Debit AED388,000.00
    Credit AED—

Figures are in AED. A journal voucher raised in another currency is converted at the rate written on the voucher.

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Nothing has been posted to this account, so it can be removed from the chart.

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