Accountant end of year entries

Question

I'm using accountedge in Canada which is MYOB. I have never had this problem till this year. The system is telling me that I can't post entries into a previous year. &nbsp; I have no idea why it's doing this. There is no locked period set up. I don't know a bookkeeping program that doesn't allow journal entries and I'm working with programs that aren't near as good as MYOB and they don't have a problem allowing journal entries in previous years. Does anyone know why it's giving me this message.&nbsp;

gavin12345 · Answer

Hi&nbsp;Canuck&nbsp;&nbsp;Most likely because (like almost every other version of MYOB since year dot) that version does not allow entries to prior year.&nbsp;MYOB have been around for over 30 years and has never allowed this. Once you start a new year, the previous year is locked off.&nbsp; It is only in the last 2 years with the latest version in Aust that MYOB now allows entries to prior years. Things might be different in your region.&nbsp;&nbsp;See current year setting under Setup &gt; Company Information.&nbsp;You would need to restore a backup, process, generate reports etc, them make compensating adjustments in your current file - best to discuss this with your accountant.&nbsp;RegardsGavin

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Accountant end of year entries

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