Complete Luddite as an Accountant. My bookkeeper resigned suddenly and I’m left holding the baby.
Having read up on accounting (simple) I have some grasp of the principles and acronyms but stumped on how to transfer closing balances from TAS Books.
FWIW, Sage/TAS now want over £1100/year for support and MTD addon. Also Sage are ceasing to support TAS Books in the near future. Since I as a sole trader only issue 500 sales invoices and receive 900 purchase invoices a year, £1100 is stupid money.
So would welcome hand holding how to transfer 2018 year end balances over to Manager.
As an example from YE Trial Balances:
Acc Dept Description Group Period Debit Period Credit YTD Debit YTD Credit
1000 100 F&F NBV B/F FIX ASSET 2,077.72 2,077.72
1003 100 F&F YEARS DEPN FIX ASSET 207.72 207.72
1010 100 EQUIP NBV B/F FIX ASSET 991.73 991.73
1013 100 EQUIP.YEARS DEPN FIX ASSET 99.12 99.12
1020 100 VEHICLE:NBV B/F FIX ASSET 4,381.51 4,381.51
1021 100 VEHICLE ADDITIONS FIX ASSET 200.00 200.00
1023 100 VEHICLE:YEARS DEPN FIX ASSET 438.12 438.12
None of these descriptions seem to fit into Manager so I’m totally lost.
If someone can help I’m more than happy to consider more than simple gratitude.