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numbnumber


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Starting Sage Accounts part way through year
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I have recently aquired a new client who currently does all the book keeping on a spread sheet but they want to move over to Sage.  The year end is 30th September and although they want to start Sage ASAP, I am of the opinion to wait until 1st October.  I think I will be overuled and then wonder whether I input everything for the year or just do the last quarter on Sage.  Anyone point me in the right direction?



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Roz
ADAS


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Hi,

The easiest way, if there isn't too many transactions is to start the current year again.

Otherwise, you'd need

1. Outstanding Purchases.
2. Outstanding Sales
3. Up to date bank rec.
4. Opening trial balance

All these need to be at the same date so, I'd suggest you use the 30th June to "close off" the old spreadsheet.

Personally I think they are the two "cleanest" options



-- Edited by ADAS on Wednesday 22nd of June 2011 11:11:26 PM

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Tony

Responses are intended as outline only. Formal advice should be sort from your Institutes Technical Department or a suitably qualified Accountant.
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