Thank you for getting back to us, @santisusbielles.
There are multiple ways to enter your customer and vendor beginning balances. Let me share them with you and help you further.
In QuickBooks, you're able to import your transactions. Also, you can import the beginning balances of your accounts, as well as your bills and invoices.
Thus, you can import your transactions from a specific date range you prefer. But you'll need to edit them when you export them from your previous company file.
Once done, you may follow the steps below in importing your data:
- Click on File from the menu bar.
- Choose Utilities, then Import.
- Select .IIF files.
- Locate your .IIF file.
- Click on Open.
- Select OK on the pop-up.
You may also read this article for more information: Export or Import Intuit Interchange Format (.IIF) Files.
Next, when entering beginning balances, are you referring to your customers and vendors?
If so, and your beginning balances are before your start date, you have multiple options to enter them. Here are some of them:
- You can enter their outstanding balance in the Opening balance field with the As of date similar to your start date.
- You can create an Opening balance item and use it on your invoices and bills.
- You can enter individual unpaid invoices or bills instead of the total balance for each customer or vendor.
I've also attached a helpful article here for more information: Record Opening Balance.
Please let me know if you have any other concerns. I'll be around to help.
