Beginning Balances and Mid years
May 22, 2018
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When going live with Vision accounting there has to be a transition of data from one software to the other. If this is done at the beginning of the new year we would be entering beginning balances into the system as of the prior year. This makes for a smooth financial reporting transition.
Mid-Years would be entered if going live on any other date than the beginning of the year. This is done to create a seamless financial reporting transition with accurate year end numbers.
Thought both beginning balances and mid years have the same goals, which is accurate financial reporting the process slightly different in vision.
If either need to be done please follow the link below, and if any questions contact Vision Support.
