When we migrate the transactions from the client’s computer there will be some transactions that are closed ones.
To add these transactions we have different methods.
- We can import these transactions as journal entries.
- When importing the journal records we have to find out which of the accounts should be added for each transaction.
- Import these transactions as a new transaction. But when we import the transaction we should have to import the related transactions also. Otherwise, the transaction will have open status.
- For example, when we import a closed invoice without the related payment record, the status of that invoice will be open. It will affect our financial reports. So after importing the invoices, import the related payment also.