Changing an accounting software – what to watch out for?

Things develop and as it happens, software can get caught in the progress in the sense it’s not so modern anymore and doesn’t quite meet the needs of a business. Changing an accounting software isn’t all that complicated in itself, but there are a few things to watch out when doing so. 

  • First and foremost, ask yourself if the new software you’ve chosen meets your needs – are there enough modules, ledgers, functionality, reports etc.
  • Make sure you enter all the right balances from your previous software to the new one (including all ledgers and necessary details).
  • Make sure you’ve transferred all ledgers you previously used and that the new database includes all necessary data;
  • No doubt you’ve got worked out some automatic entries and some routines for daily entries – ensure that the automatic entries are set out as they were previously, as in the entries are done on the same accounts content-wise (understanding here that the account numbering may change).

At the end of the day you want your new software to work for your good and benefit and also ensure you’re not comparing apples with oranges when comparing old data with the new one.