Dear all,
My company has recently migrated the accounting software from PeachTree to MYOB. I am currently inputting the figures for Opening Balance in the new software. Problems that I am facing now are:
1) Net Income is not reflected on Balance Sheet
2) How do I clear off the Historical Balancing Account( negative amount reflected on account is last year's net income)
Appreciate your advice on this.
Regards,
Shafie