Allday Consulting's Peachtree and QuickBooks Support Boards

Hello!
This looks like a very useful and informative forum.
I am not very familiar with this software, so please bear with me if I ask inane questions. One of our clients has the above version of Peachtree. She recently changed the fiscal year to start on April 1, and for various reasons was unable to import the previous balances. I have 2 questions. 1. Is it necessary to enter the GL balances before the vendor balances? 2. When entering the GL balances, is the previous balance entered in the period 3/1/09 to 3/31/09, even though the balance is only for 3/31?
Thank you in advance for any help that you can give me.

Diana

1 - It is a good idea to enter GL balances first, yes.

2 - If your will be entering detail (transactions) as of April 1, then yes, you should enter the current outstanding balance as of March 31.