Disadvantages of Historical Orders
Syncing from the beginning of this month or last month is fine. If you need to sync from several months back, consider these issues:
- Inventory: As you create orders in Sage Intacct, the inventory of the items goes down. If you import a thousand orders, you need to create an inventory adjustment for items in those orders.
- Reconciliation: All of these orders end up in the bank deposits area of Sage Intacct. These orders need to be checked against a list of bank deposits, which could be tedious.
- Time: It could take a few hours to import all of the transactions. Our software sends orders to Sage Intacct one by one.
We recommend contacting your CPA. Many of them will create an opening journal entry, which summarizes sales for the missing entries.