Thank you very much for your reply earlier.
Can I ask again please? I entered the sales by customers as of January up to now, entered all expenses, went through my bank statements and cheque accounts, entered all in there now. I do not know where to start like opening balances from last year sales/expenses. I did not enter the assets of our company like 2 company cars, machinery we own etc... do I need to do this? will it effect the final figures.
also when I pay a supplier by post dated cheque for the goods already received, how do I show this in the software?
Many thanks,
Ebru
Hello Ebru,
See this post for information about opening balances:
http://www.solaraccounts.co.uk/forum/topic.php?TopicId=591&Posts=1
You can create new accounts (eg. machinery) by clicking menu File > New > Account.
When you receive the goods, record a Purchase Invoice. When you send the cheque, record a purchase invoice payment with the same date as your cheque.
Regards,
