Hello,

We use Standard Accounts.


We are looking at converting part of our business to Limited Company status.


Ideally from a specified date we would need to create a new company with its own nominal ledger, sales ledger, purchase ledger and bank account. The new company would need to use the same contacts as had previously been used and to use the same modules for quotations, orders and stock.


There will be a new VAT registration which will go with the limited company.

Part of the old business will remain outside the new limited company so we will need to continue using the existing system.

Is this possible and if so, where can I find guidance on this please.

David