Yes - use the adjustment period.

How do I go about selecting the adjustment period?

Use your mouse.

I was hoping you might have been a help not a joker. Oh well thanks any way

Do you see a Year-Period field on the GL journal entry screen?

after entering the journal entry date manually change the year-period to the ADJ period from period 12.

Thanks so much Berniel. Is it possible to now run statements to exclude this Adj Period?

For the Financial Reporter it depends on how they are written, the default is the adj period is included when printing out period 12 however there is formula that can pull out just the adjustment period on your statements. so they could be written to exclude the adjustment period from them. IF your using the Intelligence Financial Designer, I haven't used it enough to give a definite answer for that one.

Fantastic Berniel. I knew this Adjustment period exisited, but was unable to find any info on accessing it and its use.
Thank you so much.

Frank