LaCie Backup disk issue with new 5K iMac
I upgraded my 27" 2009 iMac to late 2014 5K iMac (16GB 1600 Mhz DDR3) via using my 2TB LaCie external hard drive. While the changeover appears to be successful I now get a message " Time Machine couldn't complete backup to Lacie. "
"The backup disk needs 711.79 GB for the backup but only 567.06 GB are available. Select a larger backup disk or make the backup smaller by excluding files".
I had no problems before and there is plenty of free storage on the disk.
Can anyone advise what I should do?
iMac, Mac OS X (10.6.2)