When rebuilding an existing company, you must first set up a new company and then transfer the appropriate information from one company to another using the import/export process.
Note: You should not begin this process unless you intend to complete the entire rebuild process at one time. Also, you should make separate backups of your data after each procedure is complete. If something fails, you will not have to restart the entire process.
Use this procedure to set up your new company:
From the File menu, select New Company, or choose Set up a New Company in the Sage 50 Startup window. If a company is open, click OK to close it.
Sage 50 displays the New Company Setup wizard.
Enter your company's basic information in the appropriate fields and click the Next button.
Make sure that the Business Type is the same as in the original company.
Select the company you want to rebuild from the company list, and click Next.
Select each company default setting that you want to copy to your new company, and click the Next button.
Important! Because you are rebuilding a company, you must select each option, including Employee defaults. If you don't, you will receive errors when importing employees and sales reps.
Note: If you are rebuilding your company because you want to change your accounting period or fiscal year setup, do not select the Accounting Periods defaults. You will be able to change this setup in a moment.
Select the appropriate accounting method (accrual or cash), and click the Next button.
The accounting method should be the same as for your old company unless this is the reason you are rebuilding company data.