How do I retain my adjusted trial balance so I can enter cash transactions for the next year and get a new trial balance?
When you select the Reset for New Year option in the Housekeeping Menu, there is an option you can select that will move the ending balances for all balance sheets accounts to the beginning balance field. This will save you the trouble of entering the beginning balances for the balance sheet accounts before you enter cash transactions.
Related Questions
- How do I estimate for budgetary purposes next years Annual Cash Settlement bill and/or financial transactions in the upcoming year?
- Is it better to convert summarized GL transactions, each individual transaction, or can just trial balance information be imported?
- How do I retain my adjusted trial balance so I can enter cash transactions for the next year and get a new trial balance?