# Transfering data into PhreeBooks

Data from other sources can be entered, in bulk, to PhreeBooks through the beginning balances functions and the import/export operation. Refer to the particular section for details in their respective operation. Here is the general guideline to transfering data into PhreeBooks.

1. Complete the setup script to initilize the database. (Be sure to use you current chart of accounts)
2. Set-up inventory categories and fields.
3. Import Inventory Items, Customers, Vendors and Employees.
4. Import beginning Accounts Receivable, Accounts Payable, and Inventory balances.
5. Edit the beginning balances form to match each account with your former trial balance from the previous accounting package.
6. Set the current accounting period to the current period.
7. View the Income Statement and Balance Sheet and compare with the expected account values.