FormerMember

Changing the fiscal year's end month

Posted By FormerMember

I'm building a new company in order to change my fiscal year end from June to a calendar year. I have copied the old company and exported each month's journal entries (Jan '19 - June '19). Do I need to import just one month at a time - then close that month - then repeat for each month? Or, can I import Jan through June at one time by exporting my previous company journal entries for a specific date range of 1/1/19 - 6/30/19? If I do just import one month at a time should I only create G/L Data Files for January, enter Initial Account Balances and then import each month?

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