Also if you look at the company snapshot it will show that there is all this money as income and absolutely zero expenses.... and obviously that's because of reason A as mentioned above.
I created a new company file that has 2 bank accounts which are currently balanced and I would sort of like to start fresh.
1) Is it possible copy (or import) ONLY my customers and their transactions (invoices/payments etc) into my new company file...
2) Also will this screw up stuff?.as in, will payments customers have made affect the bank accounts I have setup?
going back to the original company file it seems like payments from customers are put into a certain bank account.
When we deposit customer checks we don't deposit each one individually but say a whole days worth at a time etc. If I open the bank account in the OLD QB file I see there is an individual entry for each check.
In the new QB File (I download the transactions from our bank) so each deposite is going to show as one line item for the lump sum.
I just updated the old QB company file from 2001 to 2010. Thanks for the advice.