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I know that GP doesn't allow you to do a Journal Entry to more than one year back.....but we need to. We need to reclass a few COGS entries just into another account (still under COGS so not really moving on the Income Statement). So basically, "if" we could do it in GP, it would be one journal entry for 12/31/11 with about 20 lines. Not Balance Sheet accounts so we don't need to worry about BBF or anything like that.
So, I was told by our partner that you could pay Microsoft to basically do anything for you, including Journal Entries into closed years. Which means there is a way.
So this is what I want to do.
We open up 2012, and do the journal entry on 12/31/12. Let GP do it's thing from posting into a prior year (the edit list shows retained earnings getting debited and credited by the same amount, but since it is a wash, it never actually gets posted to the account). Then update the GL30000 HSTYEAR from 2012 to 2011, update the TRXDATE from 12/31/2012 to 12/31/2011, run reconcile on the GL for 2012 and 2011 to recalculate Summary balances by period, and then we are done.
Has anyone ever had to get an entry more that one year back? If so, how did you do it?
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Yes, you can do this, but you have to do it on the SQL side. Do NOT use PSTL, that is not what it was designed to do.
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