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Opening the Books

We recently purchased Classic 4.1 and plan to use it ASAP for accounting. We are currently using QuickBooks. Here is my question:

How did you close your books and begin using Clients & Profits exclusively?

Thanks,

Kevin Smyth Paul Evers Design

I had the exact same change and I used a transitional method whereby I continued to use the data from Quickbooks to wind down Accounts Receivable and Accounts Payable. All current transactions were done on the C&P system including opening new jobs, billing, AR, AP and GL. At month end, I would generate a trial balance report from the Quickbooks system and journalize it in the C$P system. This all went very smoothly and minimized the start up activity with C&P. I was pretty much on the new system within 90 days and completely done with Quickbooks (by choice) at the six month mark.

Caralyn Kempa Bagby & Company

We did the same thing last year. What we did was duplicate accounting using C&P and Quickbooks from the time that we got C&P working through the end of the year. I wanted to make sure that we were doing C&P correctly before I could completely trust it. Starting in January we stopped using Quickbooks and closed 1999 in C&P. I used Quickbooks to prepare my tax documents.

Shanny R. Morgenstern, Chief Operating Officer Morningstar Communications Company

In using the transition method, I never did double accounting. I completed paying AP and recording cash receipts to AR in Quickbooks while starting full utilization in C&P. It was very smooth.

Caralyn Kempa Bagby & Company

I am looking for an accountant/book keeper located in the Denver, CO area with C&P experience that could help my company to setup the appropriate accounting system.

Benoit Guin