If you want to track the money that you're owed by customers, you'll need to use the Sales command centre.

Before you can use this command centre, you need to complete the sales setup tasks.

If you want to track the money that you owe suppliers, you'll need to use the Purchases command centre.

Before you can use this command centre, you need to complete the purchases setup tasks.

If you want to track the on-hand quantity and value of items you buy and sell, you'll need to create records to store the details of your items. You do this using the Inventory command centre.

Also, when you buy and sell an item, you'll need to record details about each transaction (such as who you purchased the items from, how many you purchased and the price). You do this using the Sales and Purchases command centres. This means you need to complete the sales setup tasks and purchases setup tasks.

If you've just started your business, you may have very little information about your future customers, suppliers, employees and items that you buy or sell. You can add these details later when you have more information.

However, you should read through the setup tasks to see which features you might use and the tasks you need to complete to start using them.

If your business was operating prior to your conversion month, it's likely that transactions that occurred prior to your conversion month still affect your business. For example, a customer may owe you money for sales you made, or you may have outstanding bills to pay.

You'll need to enter these historical details in your company file.