I have a client that setup a new Company DB, put in some opening transactions as of 12/31/2017. Changed their mind. Wanted to put in opening Transactions of 7/1/2018 instead. They have posted GL transactions prior to that for sure.
they have vendors and GL accounts setup just the way they want them.
What's the best approach?
1. Remove all prior transactions and update Summary balances? If so how?
2. Setup a new company DB and bring over COA, vendors and all other setup items ? If so, how?