Help taking on someone else's work and year end

[debsy]

Hi

I am i a bit of a muddle, I have only worked for company since sept, firstly there are 2 lots of sage open one runs from may 08 to present the other is May 07 to May 08 (both V12).
However my year end is 31/10 and need to get everything sorted for the accountants.

The lady that worked here, (since left) had not enrtered all transactions on bank, purchase, petty cash or anything apart from sales invoices.

She used a manual cash book but only listed chq payments not dd, so is that nay good to the accountants. Also petty cash is listed as what has been spent but not whats gone into petty cash, so there is alot of money afloat where the md has had it)

Also md has his home phone on comoany bank as dd how do i that on sage is it thru directores remuneration or directors loan account?

Feel very frustrated, md says to carry on as she did it and start afresh for new year (Nov) ps have not posted any nov transactions on sage yet

I hope you can help me!!!!


thanks
debbie

[debsy]

Sorry also no bank rec has beeb done at all!!

[brucedenney]

Arrrggghhhhhhh!

I would ignore the MD and setup sage and run it properly next year.

Using Sage as just an invoicing tool is a big waste of money.

[debsy]

the other girl did that and its in a right mess she posted payments on the new sage when the invoices were on old sage.

how do i start a new year afresh taking into account balances on customers and suppliers accounts?

thnaks