User Guide

Finish Entering History
Workbook 63
S
wc90wb.doc, printed on 1/3/02, at 11:14 AM. Last saved on 1/3/02 10:54 AM.
ACCPAC INTERNATIONAL, INC. Confidential
Units Sold: 49 9
Amount Sold: 1,470.00 28,800.00
Cost Of Goods Sold: 1,078.00 22,500.00
Date of Last Sale: 12-14-2004 12-19-2004
History Tab
Opening Quantity: 60 6
Opening Value: 1,500.00 15,450.00
6. Close the Inventory And Services Records window.
7. To review the inventory details:
a) In the Inventory And Services icon window, from the
Reports menu, choose Inventory.
b) Select the Inventory By Asset and Item Synopsis options.
c) Select the Stocking Units option.
d) Check the Include Historical Difference box.
e) Click the Select All button, and then click OK.
f) Repeat steps a) through e), but select the Inventory By
Item option instead of the Inventory By Asset option.
Finish Entering History
You can continue to change account balances or other
information, and you can delete records without restriction, until
you set up Simply Accounting to accept only new transactions
using the Finish Entering History command.
You should finish entering history by the end of the first fiscal
year, prior to completing year-end activities. If you have not
finished entering history, Simply Accounting will not allow you
to start a new year.
Before you finish entering history, ensure that the balances of all
the modules (such as Customers or Vendors) equal the balances
of their respective linked accounts. To check for differences,
display or print the reports for modules in which you entered
history, using the option to include historical differences. For
example, when you display the Customer Aged report, be sure