If you are starting afresh or have really messy data then a transaction free or limited transactions service is for you. You get to choose which service you want on the service selection page.
1) $0 Balances
This conversion gives you all the business information and sets the conversion balances to $0 so that you can add them in yourself later. Good if you need some more tidy up before the accounting data in your file is reliable or is not relevant moving forward.
- Chart of Accounts
- Payroll setup (with $0 balances, all employee details, pay items and templates – Australia only)
- Opening balances set at $0.
You do not get any transactions, invoices / bills (open or closed), credit notes, bank transactions, manual journals or payments.
2) Current Month Transactional History
This option gives you all the business information and includes the account balances as at the last day of the prior month and all transactions from the start of the current month.