The post-migration checklist guides you through the actions necessary to ensure a smooth transition to go live.
Reaching this stage means you:
- Understand how the data migration process works
- Have gone through the FAQs for Self-Migrated Financial Data or the FAQs for Financial Data Migrated by CosmoLex and prepared your financial data for migration
- Migrated your data
- Reviewed your data’s accuracy in CosmoLex to confirm your migration was successful
You can download the Post-Migration Checklist in a PDF format.
| Finalize your CosmoLex Chart of Accounts (COA) | ||
| Review the accounts provided under Accounting > Chart of Accounts. | ||
| Identify which general ledger accounts from your previous system are perfect or close matches to existing accounts in CosmoLex. | ||
| Add general ledger accounts from your old system lacking a match in CosmoLex | ||
| Make a Reversing Entry – Accrual Basis Only (skip if CosmoLex migrated your data) | ||
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Print the CosmoLex trial balance on an accrual basis as of the financial cutoff date. |
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Create a journal entry to reverse these amounts from the CosmoLex trial balance:
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| Enter Your Account Balances from your Old System – Cash and Accrual Basis | ||
| Print the trial balance from your old system and from CosmoLex as of the financial cutoff date.
Print it on a cash or accrual basis as appropriate. |
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Create a journal entry to migrate all items from your old trial balance that are missing on the CosmoLex trial balance. Use the financial data cutoff date as the journal entry date. |
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| Verify Your CosmoLex Trial Balance Against your Old System | ||
| Print the trial balance from your old system and from CosmoLex as of the financial cutoff date.
Print it on a cash or accrual basis as appropriate. |
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| Verify that the amounts on the CosmoLex trial balance match those displaying on the trial balance from your old system. | ||