Restructuring business

PSCSS Member Posts: 7 โœญ
  1. Can we transfer suppliers and customers from our existing Reckon company to a new Reckon company electronically or do you have to manually enter them?
  2. How do we transfer outstanding invoices from our existing company to new company?

We have the small business edition of Reckon




  • Acctd4
    Acctd4 Accredited Partner Posts: 3,169 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    You can export all of your Lists from the old file & import them into the new one ๐Ÿ˜Š

    To do this,

    In the OLD Company File:

    • Click on File (along top toolbar) Utilities > Export > Lists to IIF Files :

    (You can either tick & Export each list individually or tick & export tham altogether)

    When you tick the applicable checkbox(es) & click OK, save them on your PC (I'd recommend the Desktop so they are easily retrievable!) & Reckon will save these in a special file format (.iif)

    In the NEW Company File:

    • Click on File (along top toolbar) Utilities > Import > IIF Files

    You then navigate to the IIF file(s) & double click on (or Open) them

    You will now have all your selected Lists from your old file in your new Company File ๐Ÿ˜Š

    Unfortunately, the same can't be done for transactions ๐Ÿ˜ซ

    For transactions, you will need to enter the relevant Account / Supplier opening balance entries / open (eg unpaid) transactions

    My recommendation is to enter outstanding Supplier Bills & Customer Invoices along with any YTD Entries for Employees (via Set Up YTD Amounts under Employees dropdown menu), then enter any other existing, stand-alone balances (eg prior GST outstanding, Bank/Credit Card/Loan balances etc)

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner(AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    [email protected]

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
    PSCSS Member Posts: 7 โœญ

    Thank you Shaz!

    haven't tried it yet but sounds pretty straight forward...... :)