Don't wait for the accountant (no offense to accountants) but they will take longer than you can wait (it's the nature of the work).  The program allows you to work in two fiscal years at once time, current and previous.  I would take a proper back up of your file and then move the session date to November (Maintenance menu Change Session Date or New Year) and get on with your work.

Your entries that still need to be posted back into Oct only need to be posted once using the proper Oct dates.  Your balance sheet Retained Earnings Account will be updated properly for the new fiscal year automatically.

Have a look at the sample file and post a couple of entries back into Jun 30 of the previous fiscal year.  Make sure  you review the reports before you post, then after you post an entry, check to see which accounts are updated.  Make sure you post something to the Revenue or Expenses and check Retained Earnings in the current year (which should be 2025).

HI Richard, thank you!  Everyone in the office is telling me not to close and that I have to post the entries 2 times, I kept saying that clearly doesn't make sense.  Just to be clear, I close the year and start a new fiscal year (Nov 1 2019 to Oct 31 2020).  I carry on my day to day stuff and when the accountant gives me the entries I manually change the date on each transaction to Oct 31/19?  I even asked the accountant and he told me I had to post them to previous year and then to opening balances in my current year, didn't make sense to me.  The income from these entries if posted say on Nov 30/19 but I date them Oct 31/19 will fall into the correct retained earnings period?  Just making sure, everyone has me second guessing myself!

When you tested in the sample company, did the entries post and did the reports give you the information you expected?

Lily Kirwan said:

The income from these entries if posted say on Nov 30/19 but I date them Oct 31/19 will fall into the correct retained earnings period?

If the intent is have them show up in the previous fiscal year, then yes.

Lily Kirwan said:

I carry on my day to day stuff and when the accountant gives me the entries I manually change the date on each transaction to Oct 31/19?

Yes.

Lily Kirwan said:

I even asked the accountant and he told me I had to post them to previous year and then to opening balances in my current year

Back in last century the program did not hold more than a year of financial information.  In order to complete a set of books properly and be able to show the CRA at audit time a completed set of books, we took a copy of the books before we wanted to move to the new fiscal year.  Then updated both the copy with entries dated in that fiscal year and the current year's books dated on the first day of the fiscal year and posting any income statement account entry to Retained Earnings.

Some companies still take a copy of the books and update both copies but now they do this on the original posting date in both company files.  Most companies don't bother to do this anymore because we have from 7 to 100 fiscal year's history to run reports and satisfy audits when necessary in the one company file.

Hopefully you will be able to get the answers first-hand from the sample file before you try it on your own live file.