Accidently closed off financial year - ooops!

Question

Hi there - I accidently closed off my financial year - I've unlocked the date so can work in there from 1 April '24 but I keep getting prompted that the financial year is closed.

Is there anyway to undo this - surely! Looks like I'm not the first one.

I've tried restoring - but that didn't work - it was still closed - so obviously my back-up over-rode the earlier one - whoopsie (again)!

My excel spreadsheet is feeling very comforting right now and just starting up on MYOB on 1st April 2025 instead - which is not an issue - and I might feel more confident with it!

Cheers and thanks in advance for any help!

Jo :)

doreen_p · Answer

Hi there jojolamor,
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Once a financial year is closed in MYOB, it can't be undone, but you're able to unlock the date, which allows you to enter transactions. Regarding the prompt you've received that the financial year is closed, you can check the assigned role to you, making sure that the access to "Transact in Closed Financial Years" is ticked. In addition, try to restore the backup again. You can also check this link for more information on transacting in a closed financial year.
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Best regards,
Doreen

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