Forum Discussion

Casperpng's avatar
Casperpng
Contributing User
2 years ago

Closing several prior Financial Years from 2018 upwards to 2022

Hi I have one data file that has not been closed since 2018. How do I close off each financial year for 2018, 2019, 2020, 2021 and 2022?   I am currently using MYOB in 2023 and when trying to clos...
FHCom's avatar
FHCom
Member
2 years ago

Hi!

I'm currently using MYOB Premier v13 and we are still on Financial Year 2018, how do I close years 2019, 2020, 2021, 2022? Do I need to close it year by year starting to 2018 or can I just close 2022? Also, if I close year 2022 does it affect the past month (January to July) of the current year of 2023?

Earl_HD's avatar
Earl_HD
MYOB Moderator
2 years ago

Hi FHCom ,

Thank you so much for your post and welcome to the Community Forum! Sorry to hear that you were having problems about closing your Financial Year. I really appreciate your patience and understanding about this issue and I do apologize for the delayed response. 

Regarding your issue, you'll need to roll over each financial year or you can just create a new file. Every roll over of each FY you would need to take a back up of your file for it to take effect. 

 

Please do let me know how you go on this.
Regards,
Earl

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