FormerMember

Historical Data

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Posted By FormerMember

I am setting up a new company for a client. I have the Fiscal year as Aug 1 2015-july 31, 2016. I have Loans and other journal entries that need to be added for july 22 2015 to Aug 1, 2015. Im confused on how to do it. The program won't let me add those in as journal entries. 

thanks

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    SWong: If you still have History turned on then you can add these items to the data set by entering the information in the History tab. This applies for Sales Invoices, Receipts, Vendor Invoices and Payments. These entries will affect the opening balances in their respective Accounts. Loans and other Journal entries cannot be added using a date prior to the date set as the earliest transaction date. The effect of the journal entries should already be a part of the opening balances for the Accounts used in the Journal entries.

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  • 0

    SWong: If you still have History turned on then you can add these items to the data set by entering the information in the History tab. This applies for Sales Invoices, Receipts, Vendor Invoices and Payments. These entries will affect the opening balances in their respective Accounts. Loans and other Journal entries cannot be added using a date prior to the date set as the earliest transaction date. The effect of the journal entries should already be a part of the opening balances for the Accounts used in the Journal entries.

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