Migrating the current fiscal year
You are moving to SynkriaOps in June and the previous software already holds January to May? Migrating the current fiscal year brings those months into SynkriaOps, so that the year’s trial balance, result and VAT are complete. It can be done at any time, independently of past fiscal years.
Before you start
Section titled “Before you start”- Stop entering data in the previous software on a clear date, for example 31 May.
- Export what it holds for the year: the general ledger from 1 January to 31 May (the most complete), or a trial balance at that date, or a single journal if that is all that is missing.
- If your past fiscal years must be migrated too, do them first: see Migrating several past fiscal years.
Migrating the current fiscal year
Section titled “Migrating the current fiscal year”-
Open Settings → Opening balance import and click New migration.
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At What do you want to import?, choose The current fiscal year.
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Check the current fiscal year period: the end date is the last day your file covers (31 May in the example).
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At What does your file contain?, choose:
- All the accounting of the period for a complete general ledger or trial balance;
- Only part of it: one journal, a few months to complete what already exists.
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Upload the file and go through the Columns, Accounts, Journals, Checks and Reconstruction steps, then Launch the import.
Expenses and income dated after the start of the fiscal year are part of its result, like any entry of the year.
Carrying on without duplicates
Section titled “Carrying on without duplicates”- Start entering data in SynkriaOps on the day after the file’s end date (1 June).
- Import your bank statements from that same date; a statement that overlaps the migrated period would show the same transactions twice.
- Compare SynkriaOps’s trial balance at 31 May with the previous software’s before you carry on.