Hi All,

We just subscribed QBO+ and going to transfer manual data into the system. We are planned to start current entries in the system and in parallel enter the backlog data.

E.g. July is the start of the fiscal year and we start entering data from Jul-2019 to onward. And in parallel want to enter the backlog data (from Jan-2018 to Jun-2018 and from Jul-2018 to Jun-2019). One team will handle current data entry (i.e. from Jul-2019 to onward) and another team will handle the backlog data (i.e. from Jan-2018 to Jun-2018 and from Jul-2018 to Jun-2019). 

Now, may we create 2 companies with same name for current and backlog data entry? And merge both companies once the backlog data entry is finished.

Or we should use one company and let the teams to work under their respective periods? And reconcile the ending data of Jun-2019 with the beginning data of Jul-2019

Or there is any other best practice for the said requirement.

Please reply in detail.

Regards,

Abdul Rahman.