Synchronize Trial balances on stand alone companies

SOLVED

Dear all,

How to synchronize TB's from the last 2 FY to the current FY?

We processed accounting data for FY2016, made backup then run Year-end to process FY2017 and again made another backup to run Year-end to process FY2018.

After processing in 2018 we received accounting data related to the previous Fiscal Years (2016 and 2017) then, as it is impossible to reopen 2016 in the same company, we had to open the FY2016 and FY2017 as other companies to insert the recently received accounting data.

Now we would like to synchronize those stand-alone companies in order to have the correct balances in the current FY2018.

I don't know how we can synchronize them without having to process Opening Balances from the previous FY in every stand-alone companies.

We are processing in Sage 50c Pastel Xpress V19.2.2 Multi-user (Server based).

Parents
  • +1
    verified answer

    Good day Santos,

    Apologies for the delayed response.

    Unfortunately, it is not possible to synchronize Trial Balances. You can however process the FY2017 adjustment in the current FY2018 year by posting them to Last Year. For details on this, please refer to the attached document.1452.Sage Pastel processing transactions in last year.pdf

    The FY2016 adjustments cannot be posted into the current FY2018 financial year. You can however post them to last year in  FY2017 following the instructions on the document. Doing this will require you to run the Year End again in FY2017 to roll over to FY2018 and reprocess everything to date.

    Regards

Reply
  • +1
    verified answer

    Good day Santos,

    Apologies for the delayed response.

    Unfortunately, it is not possible to synchronize Trial Balances. You can however process the FY2017 adjustment in the current FY2018 year by posting them to Last Year. For details on this, please refer to the attached document.1452.Sage Pastel processing transactions in last year.pdf

    The FY2016 adjustments cannot be posted into the current FY2018 financial year. You can however post them to last year in  FY2017 following the instructions on the document. Doing this will require you to run the Year End again in FY2017 to roll over to FY2018 and reprocess everything to date.

    Regards

Children