Have you ever transitioned to an accounting system tailored to your specific needs? Migrating your accounting system will result in significant reduction of accounting inefficiencies as well as an ability to sustain exponential growth thanks to a professionally architected system.
The process can get extremely complicated, especially as we add in the compliance and systematic control aspects of accounting ERPs. Broken down simply, the transfer of data works as follows
– Finalize the pre-requisites for the migration
– Configure settings
– Import the chart of accounts
– Import all other master data such as customers and vendors
– Import items
– Connect the bank accounts
– Enter the opening balances
