4
Restarting with the Fresh Start Method
In this chapter, we cover getting started with Xero by using the Fresh Start (FS) method. This is the cleanest, quickest way to get Xero up and running and get you back to running your business.
By the end of this chapter, you will know how to prepare your new Xero organization for use by your company, including determining your conversion balances and importing your COA with those balances. Lastly, you will know exactly when to use the FS method.
In this chapter, we’re going to cover the following main topics:
- When to use Fresh Start
- Where do the starting balances come from?
- Importing your balances
- Setting up the bank feeds
When to use Fresh Start
Before we get into when to use the FS method, let’s ...
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