Re: Inventory Year End Closing Issue

Hello Doug,

I appreciate your feedback.

Could you please let me know which are all the files need to be updated to
change FY11 transactions to FY10 as per 1st point?

Thanks in advance.

Regards,
Anuj

On Tue, Jul 13, 2010 at 7:53 PM, Doug Griffin <doug-ksEAidkFPgnmSTqxT0N/UAC/[email protected]>wrote:

>   A few thoughts
>   1. Write one time programs/dfu to change fy11 transactions to fy10.
>   Difficult, time consuming, and risky
>   2. Enter reversing transactions for all those wrongly booked, close the
>   year, then enter the transactions again in fy11
>   3. Have finance make compensationg entries in fy10 and fy11. Close the
>   year, and live with the wrongly booked transactions.
>   I hope this helps
>   Regards,
>
>   Doug
>   708-261-5300
>   [1]www.amzassociates.com
>
>     -------- Original Message --------
>     Subject: [SYSTEM21] Inventory Year End Closing Issue
>     From: Anuj Gupta <[2][email protected]>
>     Date: Tue, July 13, 2010 3:19 am
>     To: System 21 Users <[3]system21-Zwy7GipZuJhWk0Htik3J/[email protected]>
>
>     Hello,
>
>     I need your assistance on below issue.
>
>     I forgot to do inventory year end on 3rd July 2010 and now she is
> facing
>     the
>     problem with inventory fiscal year and period.
>
>     For normally month end close in AS400 system S21 per screen at
>     bottomest, I
>     usually use \\"2/ INC for closing inventory module. Unfortunately, for
>     year
>     end I have not done 3/INC for year end close.
>
>     Since year end of Fiscal year (FY) 2010 is 3rd July, FY2011 is starting
>     of
>     4th July on ward. The consequence of year end close has not been done,
>     there
>     were some transactions of FY11 during 5- 13 July (per G/L record in red
>     text
>     ) recorded in FY10 P12 (1012). Our sales volume, sales amount, costing
>     and
>     G/L are wrongly booked.
>
>     Could you please advise me for solve for year end close for FY2010 ? I
>     need
>     to remove recorded of FY11 out from FY10, is there any possible way to
>     do
>     kindly advise.
>     Thanks in advance.
>
>     Regards,
>     Anuj
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