Thank you very much for your comments. We understand your concerns about the possible issues that can be caused by reopening a closed financial year. What we are currently working on is the ability to Reverse a Financial Year rollover process and not entirely reopen a closed year. This option will reverse the effect of the rollover and allow accountants to enter any year end adjustments that they may have missed out on due to a premature rollover. It will not allow editing or deleting of any transactions in the previously closed off year. Also you will still have an audit trail of the new transactions that have been entered in since the reversal. Further more the User Access area can be used to only allow select users the ability to reverse a financial year.
As for accessing old data once the year has been rolled over - the new AccountRight range does not purge transactions during a rollover, therefore all of the information is available in the file even after the rollover. However as you've mentioned some reports are not available for the closed year and this is something that we will be looking into in future updates.
More information on the financial year reversal function will be available once it is implemented. I do hope I've been able to clarify our plans in the meantime.
Regards,
Suja Pillai
Social Support Manager
MYOB Australia Pty Ltd
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