Hi:-
I have a client who's financial year end is 30th Nov,his accountant was doing his books, but he has asked me to take over from 01-02-2013. So the accountant has input Dec 2012 and Jan 2013 information.
I do not any opening balance figures for 31-01-2013. How do I enter sales invoices and purchase invoices that are dated before Feb 2013? Do I put them to retained earnings?
Also as it is less than a full financial year, what start date should I put into Solar Accounts?
Hi Charlie,
In Solar Accounts enter a start date of 1 December 2012. You don't need to enter all the sales and purchase invoices dated in December and January - only the ones which are outstanding as at 1 February 2013. See this page for more information:
http://www.solaraccounts.co.uk/forum/topic.php?TopicId=1704&Posts=1
Regards,
