I use quickfile solely for my VAT returns, however I now would like to use it for my accounting too. I clicked on the trial balance and it’s so off I’m unsure what I’m doing wrong. My expenses are all wrong but it’s all there in my VAT. Help
Hello @MrsT
You would need to decide when to do it and enter you opening trial balance.
For example at the start of your financial year you would have had a balance sheet with what your business is worth.
Bank balance = £xxx
Stock = £xxx
Retained earnings from previous year = £xxx
etc etc
This sort of information needs entering as a starting point.
You may find this helpful
https://support.quickfile.co.uk/t/importing-data-from-another-system/8936
You are best seeking advice from your accountant regarding this.
Please keep in mind we are not registered accountants nor bookkeepers
Thanks Steve,
That explains it, thank you very much
This topic was automatically closed 14 days after the last reply. New replies are no longer allowed.