HI, Love the system. How do I enter opening client balances?

HI, Love the system. How do I enter opening client balances?

2 answers

Peter Connor Staff February 20, 2016

Thanks Jeanne, we love you too. heart_eyeskissing_heartring
Let me ask you a couple of questions. How long are you in Biz and are you moving from another accounting product?

  1. Ha Ha
    We are in business since 2010 and moving from an old 1999 version of TAS books as I want an online package.
  2. Peter Connor February 20, 2016
    That's Tastastic. boom! Welcome to the 21st century.
    We generally give people converting over the following advice:
    Run a Trial Balance on your existing accounting software.
    1) Enter all your currently outstanding invoices and bills into bullet (only the ones with payment due - not the paid ones).
    2) Take a look at the Trial Balance on Bullet.
    3) Figure out the difference between the original trial balance you got from your old software and the trial balance in Bullet.
    4) Enter these differences as a big manual journal entry.
    After the above, your trial balance on Bullet should be the same as on your old software, and you're all ready to go.
  3. Great, will do- so happy to be in the online world - no more carrying laptops around.

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