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  • Entering historical sales and purchases

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Because these historical invoices and bills date from before you started using MYOB Essentials, they won't affect your account balances. This means that you'll also need to make sure they're included in your opening balances.

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. Include unpaid invoices and purchases in opening balances

If you were in business before you started using MYOB Essentials, you need to enter the balances of all of your accounts in MYOB Essentials, as at the first day you started using MYOB Essentials. See Entering opening balances.

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For more information about entering account opening balances, see Entering opening balances.

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. Record the historical sales and purchase transactions

You can enter your historical sales and purchases just like any other sale or purchase. The only difference is that the transaction date you enter will be before the date you started using MYOB Essentials.

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