I am about to transfer from Wave to Crunch.
I have not yet registered as a sole trader in the UK but will soon when business increases. The information in wave is only for my records and nothing has been submitted as I am not yet registered as a sole trader.
I only have the following in Wave: -
5 invoices (all paid), 1 customer, 10 Suppliers, 11 products (Sales) and 22 bank transactions.
My first banking transaction was on 10th Dec 2018 and the last was on the 12 November 2020. First invoice was 27th April 2020 and last invoice was 11th June 2021.
I plan to manually create everything in Crunch as very little in wave.
I am not experienced with accounts.
My questions are: -
Can I create the invoices and back date them?
When I have manually created everything, do I need to do anything else such as bank reconciliation, enter any balances etc?