Hi, I recently purchased Sage 50 to use for a organization that I do books on my own time. They used quickbooks and when I tried to convert it didn't work, I don't know if it's because it's such an old version or I didn't get the complete file when I took over from another person. Anyway, because it didn't convert I have to put in everything myself, chart of accounts, vendors etc. I'm a little confused on the historical data, I do have the trial balance (I also have a call into my auditor just to be sure on the amounts). Below is how I set up the company as our year end is clearly March 31st, yet setting up my chart of accounts it states balances as of April 1st ( I haven't put in any amounts and still in history mode).
I just want to be really clear about what date & amounts I put in from trial balance, and outstanding transactions before I start with the first transaction in April 2018. I hope this makes sense. I have been all over forums trying to find clarity
Thank you in advance, Alana
