Beginning Balances

Introduces the purpose of entering beginning balances and lists the steps for accomplishing this effort.

Reviews essential business operations and data, then explains four checks you need to verify in your previous system to ensure your data is ready to migrate to aACE.

Warning : Before you begin this step of entering beginning balances, it is essential that you read this guide in its entirety — you must understand the process before beginning the process.  To ensure that your results will be corr...

Explains possible sources of discrepancies and how to resolve them.

Explains how to generate a zeroing entry for your accounts, then create a single general journal entry for your beginning balance values.

Explains the final step of reconciling your previous system and your aACE system beginning balances using the income statement and balance sheet.

Explains how features of the import process can help you more easily migrate old transaction data into aACE.