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Your GL in SaaSplications should be a lot simpler than your old system - as you will not need to rely on the GL for so much reporting as in other systems.
Export your GL from your
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previous system
If it does not have a column for Account code - make one up for the import process.
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If Splitting a GL account
When splitting a GL account into multiple new accounts
- Import the last trial balance
- After this create the journal between the trial balance import and the new GL account for the partial amount
Example - Deposits for suppliers on Purchase Orders
Suppliers sometimes require a deposit. SaaSplications will create a deposit invoice and match the deposit invoice and then later credit that amount on the final PO invoice.
It is common that other systems do not handle this elegantly - and may simply have payments they expect accounts to manage or set aside.
In this case - importing the transactions will create the Deposit Payment AND the Deposit Invoice as a matched pair. Hence some funds will need to be moved from Accounts Payable to the new control account "Supplier Deposits" after the import of the trial balance.
Step-by-step guide example of creating journals
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