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You’re just starting your QuickBooks file at a moment in time. So you should enter all your past transactions back to January 1 of this year.Ī little confused? Don’t be. You set the company file’s start date to January 1, even though you’ve been in business for three years already. For example, let’s say your new year’s resolution was to move your business finances from spreadsheets to QuickBooks. Your business may have existed for longer than that start date, but that’s OK. If you entered a start date in the past, you’ll need to enter all historical transactions from that start date through today. When you created your company file, you entered a start date for your company.
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But even if you don’t have all the historical data in your company file, you can (and should) still keep going with entering new transactions along the way. It may take some time to get everything in there. And as with most moves, you probably won’t do it all in one fell swoop. It’s moving day! Only instead of moving offices, you’re moving your data into QuickBooks. But for now, here’s a bird’s eye view of what you need to do. Over the next few days, l’ll post more articles with details of what I talk about here.
#RECEIVING ELECTRONIC PAYMENTS THROUGH QB FOR MAC HOW TO#
Part 1: Overview | Part 2: Vendor transactions | Part 3: Customer transactionsĪuthor’s Note: This is the first-a brief overview - in a series of articles explaining how to get your business history into QuickBooks.