Unknown said:

i can't post to some of the accounts in the GJ. i', using Sage 50

First, find out from your accountant whether these entries are to be entered, or are just for 'presentation' of the financial statements.

Then, for any accounts that are automatically calculated (like current year earnings), find out what account(s) the adjustment is for, and / or:

for master G/L accounts that are linked to a sub-ledger (i.e. Customer, Vendor, Inventory, Payroll modules), find out the detail for accounts they are to be posted to.

It may be necessary to post several entries if you have, for instance, a single line total for inventory adjustments relating to:

- an inventory adjustment partially related to an Accounts Payable adjustment for goods that arrived after year end (has to be posted in A/P) and 

 - another part of the inventory adjustment relating to a sale that was not yet shipped at year end (has to be posted in A/R), and

 - another part of the inventory adjustment relating to damaged inventory that was scrapped.

I hope that helps, please post back,

Randy

Unknown said:

i can't post to some of the accounts in the GJ. i', using Sage 50

First, find out from your accountant whether these entries are to be entered, or are just for 'presentation' of the financial statements.

Then, for any accounts that are automatically calculated (like current year earnings), find out what account(s) the adjustment is for, and / or:

for master G/L accounts that are linked to a sub-ledger (i.e. Customer, Vendor, Inventory, Payroll modules), find out the detail for accounts they are to be posted to.

It may be necessary to post several entries if you have, for instance, a single line total for inventory adjustments relating to:

- an inventory adjustment partially related to an Accounts Payable adjustment for goods that arrived after year end (has to be posted in A/P) and 

 - another part of the inventory adjustment relating to a sale that was not yet shipped at year end (has to be posted in A/R), and

 - another part of the inventory adjustment relating to damaged inventory that was scrapped.

I hope that helps, please post back,

Randy