Beginning balances - posted transactions - prior period adjustments ?

I can't explain, but if you do not like the way the functions for beginning G/L balances, Vendor balances, Customer balances and Transactions work you can enter the balances as one would have done in older versions of Peachtree lacking the special buttons for beginning items.

For G/L balances make an entry under the General Journal Entry on the Tasks menu using a date equal to the cut over date. For your A/P and A/R account(s) use the balance on the cut over date even if you have open invoices that need to show up on the aging reports.

For Vendor balances first select Purchases/Receive Inventory... from the Tasks menu. Then enter each open A/P invoice using the A/P account as the line item account. When you get finished each open A/P invoice will appear on the A/P aging and can be applied to payments. The G/L for your accounts payable account(s) should have a debit and credit for each invoice.

For Customer balances first select Sales/Invoicing... from the Tasks menu. Then enter each open A/R invoice using the A/R account as the line item account. When you get finished each open A/R invoice will appear on the on the A/R aging and can be applied to receipts. The G/L for your accounts receivable account(s) should have a debit and credit for each invoice.

For Beginning transactions (outstanding checks and deposits in transit) enter each deposit and check using the cash account as the line item account. When you get finished each outstanding check and deposit in transit will appear in the account reconciliation screen. The G/L for your cash account(s) should have one a debit and credit for each check or deposit.

When you get finished the total of all A/P G/L balances should equal the total on the A/P aging report and the total of all A/R G/L balances should equal the total on the A/R aging report. If they don't check to make that all invoices debit and credit the appropriate G/L account. If all entries are proper than most likely the totals on the aging reports in your old accounting system do not equal the G/L balances in your old accounting system.

thank you !