Historical sales and purchases differ from the history entered on customer and vendor cards
Entering information about historical sales and purchases isn't optional, though your sales history is. When you created your customer and vendor cards, you may have entered monthly sales totals for your customers and employees for the months that occurred before you began using MYOB AccountEdge. That sales history information is useful for reporting purposes, but is optional.
The historical sales and purchases you enter after creating customer or vendor cards are different -- they're sales and purchases that your customers and vendors made before you began using MYOB AccountEdge but haven't fully paid off yet. Because your customers still owe you money for their purchases and you still owe vendors for your purchases, it's important that you record these sales and purchases in MYOB AccountEdge.
For more information about entering historical sales and purchases, see Entering historical sales and purchases.
For step-by-step procedures, refer to these topics:
To enter an historical sale for a customer
To enter an historical purchase for a vendor