Changing Systems? Don’t leave your historic data behind
Changing systems is never easy and one of the biggest challenges to overcome is how much historic data to bring across or perhaps reluctantly, leave behind. The standard approach to financial data is that open items – the line detail on outstanding debtors and creditors are migrated, together with balances for most of the rest of the general ledger. Excel downloads or paid-for-access to the old system for a year – a cost not always considered in investment proposals - allows users to retain views of the historic transaction detail. Where there is job, project or other data types,