Opeing new company by copying another existing company

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Dear professional colleagues,

We have a company already operative in Reckon. We have acquired another business and want to create a company in Reckon for that.

The accounting structure will be the same as the existing company that we have.

What is the best option for creating a new company in Reckon by copying the existing accounting structure from the existing company

Comments

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,426 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    Hi Jitendra

    You still create a new Company File but I would recommend selecting Other/None for the industry/default Chart of Accounts (CoA)

    You can export any/all of your file lists out of any RA company file & import them into another! As the company files are in the same program, there's no mapping or configuration required so it's very quick & straightforward 😁

    Here's a snip of all the lists available (Obviously some are Preference/feature-related):

    & here's detailed info from within RA's Help files on how to do it:


    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

    shaz@accounted4.com.au

    https://accounted4.com.au

    (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!)
  • JitendraSingh
    JitendraSingh Member Posts: 2 ✭
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    Thanks Shaz for the detailed process. Really appreciate this.

    Will use this when we are about to setup the new company.

    I am new to this community. Not sure how to mark the post as Accepted answer/Answered. Pls let me know and I will mark it accordingly.

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,426 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    Options

    No problem @JitendraSingh 😏 - I'm not sure either! (I assumed it was an option πŸ™„)

    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

    shaz@accounted4.com.au

    https://accounted4.com.au

    (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!)