Thank you very much. It seems to have done the trick !
2 01/05/2016 08:03:14 pm
Re: Fiscal Year (4 replies, posted in Setup)
All my entries have the correct dates. I can produce a P&L and then I am asked for the starting date and end-date, i.e. 1 jan 2015 till 31 dec 2015, and I get a correct P&L for this period. It is possible to compare this to the previous year and to "cumulative". When comparing to "cumulative" it compares tot the total of this year 2015 and 2014. What I am afraid of is that I can't close 2015 and that the result of my P&L will not be transferred to the opening balance sheet of 2016.
3 01/05/2016 12:02:20 pm
Topic: Fiscal Year (4 replies, posted in Setup)
I have taken over the accounting of a sports club. I have been adding entries throughout 2015, but in the set up it says that the current fiscal year is 2014 and that 2014 is closed. There is a fiscal year 2015, but apparently I have not been using it. Now I must proceed by closing the fiscal year 2015, but I don't know what to do. Can I start adding entries in the fiscal year 2016 ? How canb I be sure that the balance sheet by end 2015 is my opening balance sheet in 2016 ? And can I change accounts in 2016, without encountering problems in 2014/2015 ?