INVOICING WITHOUT POSTING

SUGGESTED

I haven't closed my year as there are problems with it but I have invoicing to do for the new fiscal year.  I have been told that if i create an invoice and email it, it will not record.  Makes sense to me but why when I go to do the next invoice, a new invoice number populates???  

Thanks

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  • 0

    Thanks Richard.  I have been logging the invoices so I don't have any problems with positing any November entries - which I have plenty of to do

    What I actually do is send the invoices to myself and pdf edit the date since it's still stuck on October 31st.

    I'm afraid to close my October 31st y/e since the bank reconciliation is off by A LOT and my understanding is when you close off the year it closes all the total and this will be a problem since the bank doesn't reconcile.

    Any other suggestions?  Cheers!

  • 0 in reply to LLC
    SUGGESTED

    You didn't go into the details I did with dates so I am going to assume your issue is with the Oct 31, 2021 year end and the bank rec is only off in Oct 2021.  However, even if the bank rec is out and you are still trying to reconcile Aug 2021, then Sep, then Oct, my suggestion is still the same:

    If you are trying to finish 2021, then I don't see a major problem with moving to the new 2022 fiscal year and finishing up 2021 later.

    You have to finish the complete year end (including adjusting journal entries) before you move the session date to Nov 2022.

    my understanding is when you close off the year it closes all the total

    I don't know what this means "all the total".  I do bank recs 6 months into the previous year to complete a year end at times while my session date is in the next fiscal year.

    I am going to suggest that you make sure you take a backup of your company file before you go to Maintenance, Start New Year, Fiscal Year.  This will allow you to then start the new year and post a couple of entries in the new 2022 year as well as post a couple of entries into the previous 2021 fiscal year so you can see how it works and if you don't like it or you need to go back because you messed up something, you can restore your files and start the year end process over.

    Oh, and get your bank recs done so you know how much money you have and if there has been any fraud on your account(s) :)

  • 0 in reply to Richard S. Ridings

    I will give it a try.

    Thanks again!!

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