Change the fiscal year end for a client
If you have the
Enable close posting periods
option turned on, your clients won't be able to make adjustments outside of the current fiscal year. You'll have to change the fiscal year before they can make adjustments.- SelectSetupthenClients.
- Select theAccounting Informationtab, thenEdit.
- Enter a date in theCurrent fiscal year end datefield.You won't be able to enter a date if your client isn't in the latest year.
- SelectYesif you're prompted to close previous years.
- Enter newPeriod End Datesif you need to change them, then selectOK.
- Select aYearto preview posting periods for different years, or selectOKto continue.
- SelectEnterto save your changes.The application won't recalculate beginning balances until you close prior years again.
- SelectEdit.
- Move the client's posting period back to the 1st year with activity, then close each year until you reach the current year.
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Change period end dates
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