Hi
Im at the moment going Ltd and i wonder what I should do with my accounts. As it is
basically the same company only Ltd would i have to start a new Company so have to input all my Customers, Suppliers, Invoice templates etc again? or can i just change my status in the existing company. Ive had to reregister VAT and although I previously was on a flat rate scheme i may have to wait to get on this for the Ltd Company.
Great Program by the way Love It!
Paul
Hi Paul,
From a legal point of view the limited company is a separate business, so I would recommend you create a separate data file for it. You can transfer the customer and supplier info as follows:
1. Open your existing data file and click menu File > Export To > Comma Separated CSV File
2. Tick only 'Customers' and 'Suppliers' and click 'Export', then choose a file name
3. Open your new company data file and click menu File > Import From > Comma Separated CSV File
4. Select the CSV file you created in step 2 and click 'Import'
Unfortunately there is no automatic way to invoice templates - you will need to recreate them in the new file.
Regards,
