Updating Opening balance for an account after posting to history

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Hi,

I closed year 2011 on GP 2010 SP5, then I adjusted the ending balance for some accounts through posting to the historical year period 12 using (Allow posting to history) option.

When I printed the 2011 TB, I found that the ending balances of the concerned accounts have been changed as per the figures included in my JV which I posted to history (December 2011). However still the beginning balances of 2012 not affected and it remains as it was before posting the adjustment entry to 2011.

For more clarification, the ending balance of the account in 2011 after year end closing was 30 million, I posted a JV to the historical year 2011 with an amount of 100000.

This JV affected the 2011 ending balance of this account only, so 2012 beginning balance still didn't change, as it should be the same as 2011 one.

Do anybody have an idea what to do?

Please advice

Regarsd

Hatem Mustafa

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L Vail 65,271 on at

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Hi Hatem,

First I would check the General Ledger setup to see if you are maintaining GL History. The window looks like this for v 2010:

You must have Posting to History selected or you would have been able to post the transaction. Just to be sure, you are looking at the summary trial balance and not just the Inquiry of Financial Detail History. The inquiry window will show each of the transactions separately, it will not change the initial BBF number.

Kind regards,

Leslie

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Community Member on at

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I am facing the same issue as mentioned by Hatem Mustafa and i have checked the setting of GL as you mentioned.

can i know how opening balance for April 15 can be corrected to match off with Closing for Mar 15 ??

Appreciate your assistance.

thanks

Vish

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