Sage Line 50 Accounts question?

Is it possible to transfer an accounts package using a different computerised programme to Sage Line 50 without any problems?



Or is it necessary to start with an Opening Balance? If this is the case and there are items outstanding from the previous financial year, how are these accounted for on the new system?

Sage Line 50 Accounts question?
You could pull it in through an excel spreadsheet but you would have to no the formula to do it. Best way to start is with your opening balances which should be posted on the last day of the month. If you have Debtors and Creditors you need to post these as opening balances to the customer and supplier accounts.