O'Reilly logo

Accounting At Your Fingertips, 2e by George Murray, CPA.

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

15.4 Converting to an Automated System

When to Switch?

From Trial Balance to Chart of Accounts

Creating Lists and Using Modules

Once you’ve decided to take the plunge and automate, you’re going to need to decide when and how to do it. In this subchapter, we address timing and show you how to take your manual accounting system onto the computer.

When to Switch?

To the extent that you have a choice, converting just after the close of the year and before a new period begins is your best bet for a number of reasons. Most accounting software has you transfer account balances from the trial balance. Because you’ll have just prepared one at year-end, you can simply take the numbers and plug them right in. You’ll also have closed out your temporary ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required