RE: [SYS21] Year End / Period End

["Ellsworth, Bob" <Bob.Ellsworth@xxxxxxxxxx>]

JBA strongly suggests you never run the financial archiving routines in
their "Year-end Preparations & Procedures".
The Inventory year-end roll is OK.

There's one point of confusion that caused our year to double-roll the first
time we did it, too.
The prompt asks for "Current Year".  If at the end of this month, you were
to answer this with "03", the system will roll to 2004.

Just remember "Current Year" is the December year, and you should be OK.

-BobE
* bob.ellsworth@pollak.com
* 781-830-5516

> -----Original Message-----
> From: tkresky@sunflowermfg.com [SMTP:tkresky@sunflowermfg.com]
> Sent: Wednesday, December 04, 2002 10:36 AM
> To:   jbausers-l@midrange.com
> Subject:      Re: [SYS21]   Year End / Period End
>
>
> Jon,
>
> JBA told us never to run Inventory year-end, for exactly the reason you
> mention.  I assume the answer from Geac will be the same.
>
> Regards,
>
> R. Tim Kresky, Controller
>    Sunflower Manufacturing
>       a division of AGCO Corporation
>    ph: (785) 738-2261 x272
>    fax: (785)-738-2406
>    email: tim.kresky@sunflowermfg.com
>
>
>
>                     JonWadey@mst-ltd.co
>                     .uk                       To:
> jbausers-l@midrange.com
>                     Sent by:                  cc:
>                     jbausers-l-admin@mi       Subject:     [SYS21]   Year
> End / Period End
>                     drange.com
>
>
>                     12/04/2002 09:28 AM
>                     Please respond to
>                     jbausers-l
>
>
>
>
>
>
> This is a multipart message in MIME format.
> --
> [ Picked text/plain from multipart/alternative ]
> I have been asked the following question by one of our accountants in
> regards to the Period end and Year end functions.
>
> We obviously run the period end programs at the end of every period.  But
> the end of December is also our year end.
>
> In the past we have run both the period end over Accounts Receivable,
> Sales Analysis, Accounts Payable, Purchase Management, Cash Book, General
> Ledger & Inventory, then we would run the Year end option in Inventory &
> Sales Analysis, the problem we have found is that the inventory actually
> jumps a year, eg. at the end of 2001 we ran the period ends and year ends
> and later found that Inventory had actually jumped to 2003 instead of
> 2002.
>
> The question I'm asking is are we doing this process right and if so why
> do we seem to jump an extra year.  All our calendars are setup for the
> year 2003.
>
> thank you in anticipation
>
> Jon
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