IN PUTTING OF TAKE ON AMOUNTS

[Tat]

Hie All,

Please assist on how the following amounts are entered as take on in pastel V12 and the date on which should be used as the take on date for an audited 2013 trial balance.
1. Debtors; the debit and credit entry
2. Creditors; the debit and credit entry
3. Expenses and income on the trial balance; debit and credit entry
4. Accumulated fund; debit and credit entry

Regards,

[CLIVE-TRIANGLE]

The trial balance provides the journal entry.

Just debit and credit the accounts as they are listed, on the last day of the year, and not the first of the new year.

[Mike C]

To get to the last day of the previous year - go to journal, select "settings" at the bottom of the screen, and untick "This Year". You will then be able to select a date from the previous year.

[Tat]

Thanks Clive

[Tat]

Thanks Mike