I just started using Quickfile. Can someone explain to me how the migration of data from nominal accounts and journal entries work. For example: (a) I made a journal entry of current assets. In the balance sheet it shows this amount plus the purchase entries from the P/L.(b). I also set up a long term liabilty journal and it does not migrate to the balance sheet. (c) I have directors / owners initial loans to the company and share capital, according to the example I should balance this in the journal discription using “directors loan account”.
Any answers greatfully recieved or a general link to this issue.