If you decide to just get the balances correct as of the date of conversion

Using this approach is quicker than entering all transactions however this will mean that all historical information for the year will not reside in the Bookkeeping program and will need to be referenced from the old program. Any reports that relate to transactions that occurred before the conversion date will not produce any results. You will need to rely on your old program for report information relating to transactions before the conversion date. Any new information after the conversion date will be recorded in Bookkeeping and handled appropriately.

You will need to set up each customer or supplier who had open sales or purchases at the date that you convert from the old program.

You have several options for setting up these customers and suppliers.

• If you have your customers and suppliers in CSV format then you can load them using the Import Customers and Import Suppliers screens.
• If you have your customers and suppliers recorded in the contacts application on your iOS device then you can create each customer and supplier record manually and then import the details for the customer or supplier from the contacts application.
  (This is achieved by manually creating each customer record and then pressing the blue disclosure button next to the "Customer Name" or "Supplier Name" field to import the details from the contacts application on the iOS device.)
• You can manually enter each customer and supplier into Bookkeeping.

Once your customers and suppliers have been set up you will need to enter any sales and purchases that were open at the date that you are converting from the old program. You need to enter the sale and purchases and any related transactions (e.g. partial payments).

When you have finished entering open sales and purchases you need to run a balance sheet and profit and loss report in your old program as of the date that you are converting.

Next you need to enter general journal entries to adjust the Bookkeeping account balances to match those from the balance sheet and profit and loss statement.

When you have finished you should run a balance sheet and profit and loss statement in Bookkeeping as of the conversion date and compare it with the ones from the old program. If they do not match then you need to correct your journal entries until they do match.

You should check that the customer and supplier balances match in Bookkeeping and your old program. If they do not then you will need to check for mistakes in entering the information into Bookkeeping.

If the balance sheet and profit and loss statement matches with Bookkeeping and the customer and supplier balances match then you are ready to start using the Bookkeeping program and entering new transactions.