how do you enter a 12/31/24 trial balance for data migration if you do not reverse it

AI generated answer (using internal Slack threads):

****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ****** To enter a 12/31/24 trial balance for data migration without reversing it, you would typically follow these steps: 1. Import the historical Trial Balances via CSV import. Make sure to include all necessary accounts and balances. 2. If you're importing data for multiple years, be aware that NetSuite automatically rolls forward retained earnings. If your trial balance import for the second year includes retained earnings, this could result in a doubling of the balance. To avoid this, do not post directly to Retained Earnings at year end. NetSuite moves the balance on the Balance Sheet/Income Statement. 3. If you're dealing with an entity that has a different year-end date than the existing parent company in NetSuite, consider using the Multiple Calendars feature. This allows you to assign different year-ends to subsidiaries, which should fix any issues with Retained Earnings not closing out correctly. 4. After importing the data, run a trial balance to ensure everything lines up correctly. Remember, the general process is to start with beginning balances, then use Trial Balances from the legacy system to journal in month over month changes. Please note that this is a general guide and the exact steps may vary depending on your specific situation and NetSuite setup.