I used quickfile for vat returns only. Now, when I imported opening balances (incl.manual adjustments) from another program, there seems to be a duplication - opening balances as well as all transactions imported from bank. What is the best method to get a clear cut so that I can see only opening balances as well as this year’s bank transactions? Please could you advise?
Hello @Platinum
It would depend on what is being imported.
For example if the opening balances are dated 31/07/2023
I would only import your bank transactions from 01/08/2023
Bank balance = opening balance + any transactions on the account.
The bank balance would have to be reconciled up to 31/07/23 in your old software so you know exactly what it included (only cleared transactions)
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