To migrate the balances from a prior accounting solution like Quickbooks, Xero or Sage:
- Close the books on the prior solution
- Export the Trial Balance report or the closing transaction from the prior solution
- Download the Chart of Accounts from Business Finance Assistant. Please refer to this article for more information: Uploading a Chart of Accounts
- Download the Journal Entry import template.
- Map the accounts to match the Business Finance Assistant Chart of Accounts and the import format
- Import the Journal Entry containing the opening balance: Importing Journal Entries