Going from sole trader to limited company

[Parker1090]

Do I need to open another account?
Yes

How do I change over?
You can export all your clients and suppliers to CSV format, and reimport them on the new account. All accounting data should be kept seperate

Can I customise my invoices?
Of course.

You may want to read some of these:

Sole trader to Limited

Just spoke with Accountant about a client of mine and he has just finished his year end it was his first time using Quickfile and says its really good.I did ask him that my client is going from a sole trader to limited the start of December 14 so his sole trader accounts would be from April to November then start of limited in December I have said i need to start up a new accounts package as you wont allow this to transfer over.He has suggested to me we can carry on accounts as they are and just…

Convert sole trader to limited company

There’s no conversion process, you just need to open a new QuickFile account. It’s very important to keep all sole trader activity completely separate from the limited company activity, hence the new QuickFile account. Also try to avoid mixing Limited company transactions with your personal bank accounts, instead setup a dedicated limited company account with your bank and only use that. This will save you a lot of headache later when finalising your limited company accounts.

(it’s also good to do a search on the forum before posting a new topic - most questions like this have already been covered)