YEAR END

Question

hello, 
 my year end just came, and the system doesn't allow my to move to next calendar month etc.. 
 I was searching about the procedures but it sais that in order for me to move to a next session date I need to enroll in a new fiscal year 
 which I can not, for I have invoices to enter, reconciliations, payroll entries to make etc .. I am not ready to go to next calendar year .. until the middle of the month ( I hope so...) now I have to make payments ( cut cheques etc..) so 
 what can I do ?? 
 thank You !

Smith and Co · Accepted Answer

There are 2 things you can do. One is to note your last JE nbr and then do a 'Save As' renaming it to Company Name JE??? B4 New Year. Then the 2nd thing to do is to do a backup of new company using same name. Now go back into your usual company file and move the date ahead to the new year. A box will ask if you wish to clear data so click on 'No' for that as you do not want to clear out any data. Then check your data integrity to ensure it is OK (sometimes you will get a data inconsistency aster rolling into new year so if that happens just restore backup and start over again). 
 Now you can move into the next month and post into new year but the great thing is that you can also post into previous year! You will get a message each time when posting with previous year dates that this will affect your Fiscal Year but that is ok. Once you have completed everything for the previous year and ready to send to accountant then you can go into Set-up, Setting, Company, System, and tick the box for "do not allow transactions date before' and enter the first day of the New Year. That way you won't accidentally post into the prev year since the accountant now has it for year end filing.

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