I have a new client who has been acquired as of 5/25/21. The result is that the fiscal year the predecessor company had is not the fiscal year the acquiring company wants.
They have 12/1/20-11/30/21.
They want 12/1/20-5/25/21 and 5/26/21 - 12/31/21
Does your utility work for that version? They have about one company, 1 gig of data and SQL for a back end database.
They also have a bunch of transactions from the calendar date 5/26/21 through now which have mostly been posted right away to GL. So, there is a group of maybe 30 batches in the date range of 5/26/21 through 5/31/21
which ideally need to be moved to the 1st period of the second fiscal year 5/26/-12/31/21.
I'm looking at the Musick International year end fixer product, but if I didn't use that, what would I do?
I have been thinking of just changing the financial reports to allow reporting on either the fye 5/25/21 or 12/31/1 depending on which report you run and leaving the fiscal calendar to run from 12/1/20 through 12/31/21.