Can I set up a new companies accounts but keep the old ones data?

Question asked by Laurie Whyte 10 years ago

Hi,

I am about to do my accounts for the last financial year. At the beginning of that year i changed form sole trader to a limited company. So I need to start a fresh set of accounts rather than continue on from my previous years accounts. Is there any way of doing that?

The only way I can see is to reset my account but then I will lose the data from the last few years. This isn't a massive problem as my accounts have been done, but if i could keep them that would be great.

Thanks for your help in advance.

Laurie

3 Replies

Hi Laurie,

You can export the information from your account in Tools > Export. You will be able to download a range of your financial data from this section from your previous accounting year by adjusting the date filter. This will allow you to keep them for your own records.

This will allow you to start your accounts again but keep a record of the data from your previous year.

Hi Laurie

As a side note, did you take advice when switching from self-employed to LTD? If there are assets or potentially 'goodwill' involved (might be a tad late for that now), certain things will need doing.

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