Microsoft Office Accounting 2008 is a powerful accounting system because it can help you manage many areas of your business. Because it covers many areas of your business, you need to gather key business information so that it can be reflected in Office Accounting 2008. This information includes:
- Checking account statement dated just before your company's start date
- Checkbook with any remaining, uncleared checks
- Savings account statement dated just before your company's start date
- Bank receipts or any other record of any remaining, uncleared deposits, withdrawals, or transfers
- Any other bank statements dated just before your company's start date
- Credit card account statement dated just before your company's start date
- Credit card receipts or any other record of any credit card charges that have not yet shown up on your account statement
- Records of unpaid customer invoices as of your company's start date
- Records of vendor bills that your company has not paid as of your company's start date
- Account balances for any other assets, such as stocks, as of your company's start date
-
Account balances for any other debts, such as loans, as of your company's start date