Hi,
Situation: My client recently lost all access to their old accounting software (the only access they have is to their data is via excel reports). It is my job to import their trial balance from 2008FY to 2015FY into Sage 50 2016 CA. My next step is to correct errors in the original 2008FY to 2015FY data and input any missing data. These adjustments and additional entries will need to be made in the year which they relate to. I will then submit to their accountant/auditor the 2008FY to 2015FY financials (year-by-year).
Note: I have no problem using the import functions in Sage so getting the data in is no problem for me.
Question: If I start a new financial year for each year of data I import, will I lose editing and reporting ability for data that is not in the one prior year? i.e once I start 2015FY to import the 2015FY data will I still be able to make adjusting entries in 2008-2013 and run any of those prior years' reports? If not, is there a way which I can have multiple financial years open so that I may achieve the above?
Thanks in advance for your help!
T