Deleting closed year entries

If you need to make changes to a closed year, you can delete the closed year entries and close the fiscal year.

Example:

Current year is 2013. Based on an audit, you must make an adjustment for 2011. Delete entries for 2012 and 2011 and create the adjustment entries for 2011. Close the 2011 and 2012 fiscal years.

To delete closed year entries:

1. From the Company menu, click Preferences.

Multi-company only. From the Setup menu, click Company > Companies.

2. On the General tab, in the Current Year field, change the year back to the year you just closed.
3. Click Save.
4. From the Company menu, click Close Fiscal Year. Entries for the year appear on the window.
5. Multi-company only. Select a company.

6. Click the Delete button.
7. Repeat Steps 1-3 of these instructions, changing the year to the prior year.
8. Close the fiscal year again.