Annual Accounting period more than 12 months

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Posted on by sweelian

Possible to have more than 12 periods for one fiscal accounting year?

Example period 13 solely for audit adjustment. User will have choice of generating financial report for period to include or exclude audit adjustment.

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Dallefeld 193 User Group Leader on at

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RE: Annual Accounting period more than 12 months

Inge is correct but if you want a 13th period, you have to set it up in accounting periods. You could put 3/31/22 as the starting date so it is a one day accounting period. This is not necessary, post your entries to 3/31 and reclose your year, that's all you need to do.

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Inge M. Bruvik 1,035 Moderator on at

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RE: Annual Accounting period more than 12 months

This adjustment period is already in the system it is called closing date

You can use the date suffixed by the letter C

www.olofsimren.com/.../

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