Getting started - why import everything?

I see I can import a CSV of my Trial Balance from my previous accounting app. Why do I need to bring everything over? Why don’t I just tell QF my opening balances for my bank accounts?

Supplementary: An opening balance for a credit card needs to be a negative amount?


Hi @glasgow

If you import a trial balance, this would be the same as entering your opening balances.

There’s no need to enter historic data if you don’t wish to, opening balances are sufficient in most cases. Just be sure you have copies of the original data prior to you using QuickFile.

The trial balance will set opening balances for all nominal codes, including credit cards, if they were set up on your previous software.

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