My client has a business which is Vat registered. The year end is 31st December 2019.
We are now moving to Xero as from the 1st of May 2020. I have been given a Trial Balance as at 30th April 2020 which is the Vat Qtr.
If I put the Conversion Date as May 2020 and post the TB under the Conversion Balance, I am trying to work out
whether I will get a set of accounts for the year end 31st December 2020.
What is the best way to deal with this?