What Documents Are Required for the Switching Process?

When switching your accounting to Companio, you’ll need to upload several key documents so that our team can accurately import your company’s accounting history and ensure a smooth transition.

Below you’ll find the full list of required files and what each one is used for:

1. Previous Statements of Profit and Loss

These statements contain your opening balances for income and expense accounts. They help us understand your company’s financial performance during the last period.

2. Previous Balance Sheets

These show the opening balances for your assets, liabilities, and equity accounts. They are essential for maintaining accurate accounting continuity when we start managing your books.

3. General Ledger

This document provides a detailed breakdown of all transactions supporting the balances shown in your Profit and Loss and Balance Sheet reports.

For example: the “Cash and Cash Equivalents” section may include accounts such as 1010 Wise, 1011 Revolut, etc.

4. Previous Bank Statements

We use these statements to verify your monetary balances and analyze cash flow and business activity. They help us ensure that your financial records match your actual bank data.

Important notes

• Only ZIP files are accepted for upload. Please compress all your required documents into a single ZIP file before uploading it.
• You can upload these documents directly through the switching process flow in your Companio 2.0 dashboard.
• If you’re unsure about any document or format, please use the live chat — our customer support team will gladly assist you.

Updated on: 03/11/2025