Re: Inventory Year End Closing Issue

Anuj Gupta <[email protected]> Tue, 13 Jul 2010 20:20:42 +0530
Newsgroups gmane.comp.systems.as400.jbausers
Message-ID <[email protected]>
Hello Doug,

For your 2nd point; is there menu options available in System 21 to reverse
these transactions?

Regards,
Anuj

On Tue, Jul 13, 2010 at 8:17 PM, Anuj Gupta <[email protected]> wrote:

> 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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>> References
>>
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>>   2. mailto://[email protected]
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