Starting New Financial Year
Hello, if the current financial year showing has not been updated for a few years can this be fixed without affecting any of the past or present data recorded. I have MYOB Lite.
Forum Discussion
Also can the Lock Date affect seeing the full reports of previous years ? I cannot see the full reports in the history of some previous years before 2020.
Kind regards
Margaret
Hi MargaretF7,
That’s a great catch, looks like the financial year hasn’t been updated for quite a while, so it’s time to roll it forward to the current year. With MYOB’s rollover, you can’t jump ahead multiple years all at once. You’ll need to close each financial year one by one to make sure your file lines up with your records. As for the lock date, it stops anyone from changing transactions before a certain point, but you can still check out and run reports for those locked or past years. Most reports let you pick date ranges like this year, last year, or even next year. It’s smart to print out any info or reports you need before rolling into a new financial year.
Cheers,
Princess
