How to adjust all accounts balance after stop using it for two years?

Question

Hi, 
 we stopped using simply accounting in 2011 since accounting firm took over the bookkeeping and they use caseware. now we want to take it back, however all my data in simply accounting is up to 2010. what i need to do to update my date? I cannot enter opening balance since it is not a new company. 
 thanks,

Keith L · Accepted Answer

Hi SnowRabbit, 
 My suggestion in your case is to create a new company file in simply accounting. 
 You can pick up a date of transfer and print the trial balance report, which has the balance of all your accounts as of that day. 
 If the chart of account you are currenty using in caseware is the same as you did back to 2010 and you still have the 2010 smiply accounting data available, you can go to File, Import/Export, Export Records to export the chart of account in .txt file. Then, you can import it back to your new company data. 
 If you need to create a .csv file for importing, you can get the format for importing chart of account from the link below: 
 Exporting and importing accounts data using CSV format 
 After importing, since you are still under historical mode, you will be able to use the trial balance report for imputting the opening balance of each of the account. 
 For other record export and import, you can go to our knowledge base at support.na.sage.com and search for export and import. 
 Hope this helps.

Sage 50 Canada

How to adjust all accounts balance after stop using it for two years?

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