I have a new client i need info for - I have only dealt with yaer ends and plastic bags. My new client is moving to me from another bookkeeper - do I need the nominal code amounts or enter the sales and purchases since April. Thanks for your help
It depends how you keep the books. If you use Sage or Quickbooks then you'll need a copy of the previous book-keepers back up which will already have all the nominal accounts and codes set up.
If you do them manually using a cash book then you should be fine just entering the income and expenses from when you took over and bring them up to date.
Thank for the info - previous bookkeeper use a program called farmplan useful for farmers - so there are nominal codes but in a different coding, I dont know if I should ask for the codes or just enter the invoices April to August from the transactions list I have been given. Any help greatly apperciated
If it was me I would ask the old book-keeper for a trial balance as at the point you took over, and post this onto the system you are using. I would then start posting invoices and other transactions as normal from then on.
