I opened a new company and entered the trial balance I was given by the accountant into the matching ledger accounts into the ledger records as historical starting balances.
I would now like to move out of history mode and move the fiscal year forward, but Sage 50 Canada will not let me.
It says that there are not invoices or receipts to match the amount that I entered for accounts payable and accounts receivable. How can I fix this? Do I just enter a one time supplier invoice and one time customer receipt that covers the full amount?
I have no more information about how these balances came to be. I only know the numbers on the trial balance and was asked to create the Sage file.
Help please.