Provide initial position of administration

If Yuki does not manage your administration from the exact start date of your company (because you have already maintained the administrarion(s) for previous financial years in another system), initial position data must be entered. This is necessary to immediately provide an accurate and reliable picture of your company.

You can export the required information from your previous accounting system or request it from your previous accountant or administration office.

What data does Yuki need?

In general, the back office requires the following:

• a detailed opening balance (and possibly other details of the opening balance)
• a list of outstanding debtors (list of balances of customers who still need to pay)
• a list of outstanding creditors (list of balances of suppliers you still need to pay).

TIP!

The opening balance may also be a provisional opening balance. You therefore do not have to wait until the accountant has fully completed the final annual accounts for the previous year.

Submit initial position data

You submit the documents for the opening balance and outstanding debtors and creditors in Yuki in the usual way: via scanning, uploading, synchronizing, or emailing.

List of outstanding debtors and creditors

You can submit the list of outstanding debtors and creditors in various ways:

• By outstanding invoice: Scan all sales and purchase invoices that had not yet been (fully) paid at the start of the financial year.
• By balance: Submit an overview showing only the total outstanding balance per customer or supplier.
• By invoice line: Submit a specification listing the exact outstanding invoice numbers and amounts per customer or supplier.

ATTENTION!

The actual entry and processing of the opening balance and outstanding debtors and creditors is performed behind the scenes by the accountant.

Missing initial position data

Do you not currently have the opening balance? You can still start submitting and processing the documents for the current financial year.

ATTENTION!

Keep in mind that as long as the initial position data has not been entered completely and correctly, the information regarding your company's assets and liabilities in Yuki is not yet reliable. The outstanding lists of debtors and creditors will also be incomplete and may give a distorted picture.