Options available to import your accounting data
There are a number of options available to get your historical accounting data set up in Clear Books.
Manageable volume of transactions
If you have online banking you can import your bank statements into Clear Books and explain all the transactions. This will populate your monthly income and costs and also ensure your bank balances reconcile.
If you do not have online banking you can manually input the data to re-create a bank statement and then follow the same procedure.
Help Article: Bank Import Tool
Large volume of transactions
If using the bank import tool is too much of a task then set up opening balances to reflect the data stored in your previous accounting system. It means that in your first year using Clear Books, the underlying data (for audit trail purposes) will be stored in two accounts system. Setting opening balances will ensure that Clear Books is reporting the correct profit and loss and balance sheet figures at the end of the year so that your accounts can be completed correctly.
In “Settings > Getting Started” enter your opening balances from your pevious accounting system.
Sales invoices
There is an option in “Tools > Import” to import your sales invoices as a csv file.
Customer and suppliers
There is an option in “Tools > Import” to import your customers and suppliers as a csv file.
