Open Receivables & Payables Migration

Carry open customer and supplier balances into a new accounting environment with supporting detail. This application is designed to retain invoice, due-date and partial-payment information while reconciling the proposed migration with the previous account position.

Best suited to

Businesses migrating outstanding trade receivables and payables.

What you can manage

• Record invoices that remain open at the migration date.
• Include partial payments affecting their remaining balances.
• Maintain the due dates associated with the obligations.
• Map the customer and supplier accounts to the destination structure.
• Reconcile source and proposed destination account balances.

A practical workflow

Select the open-item population for the agreed cutover date and check account mappings. Review partial settlements and due dates, then reconcile the migrated balances before the opening position is accepted.

Why this workflow matters

A data transfer should preserve meaning as well as values. Reviewing field mappings, account classifications and totals before the destination file is used helps the business identify transformations that need correction. Testing with representative records is especially useful when source structures or required destination fields have changed.

Working with your records

Check that source and destination formats fall within the released product's supported scope. Compare prepared records with representative originals and reconcile relevant counts or totals before operational use. Conversion, extraction, validation or masking assists the review process; a completed operation does not guarantee perfect source data or complete removal of sensitive information.

Licence

12-month software licence purchased with a one-time payment. The purchase covers the stated licence term and does not create an automatically renewing subscription.