Re: Inventory Year End Closing Issue

[Anuj Gupta <anujgupta17@xxxxxxxxx>]

Hello Doug,

For your 2nd point; is there menu options available in System 21 to reverse
these transactions?

Regards,
Anuj

On Tue, Jul 13, 2010 at 8:17 PM, Anuj Gupta <anujgupta17@xxxxxxxxx> wrote:

> Hello Doug,
>
> I appreciate your feedback.
>
> Could you please let me know which are all the files need to be updated to
> change FY11 transactions to FY10 as per 1st point?
>
>
> Thanks in advance.
>
> Regards,
> Anuj
>
> On Tue, Jul 13, 2010 at 7:53 PM, Doug Griffin <doug@xxxxxxxxxxxxxxxxx>wrote:
>
> >   A few thoughts
> >   1. Write one time programs/dfu to change fy11 transactions to fy10.
> >   Difficult, time consuming, and risky
> >   2. Enter reversing transactions for all those wrongly booked, close the
> >   year, then enter the transactions again in fy11
> >   3. Have finance make compensationg entries in fy10 and fy11. Close the
> >   year, and live with the wrongly booked transactions.
> >   I hope this helps
> >   Regards,
> >
> >   Doug
> >   708-261-5300
> >   [1]www.amzassociates.com
> >
> >     -------- Original Message --------
> >     Subject: [SYSTEM21] Inventory Year End Closing Issue
> >     From: Anuj Gupta <[2]anujgupta17@xxxxxxxxx>
> >     Date: Tue, July 13, 2010 3:19 am
> >     To: System 21 Users <[3]system21@xxxxxxxxxxxx>
> >
> >     Hello,
> >
> >     I need your assistance on below issue.
> >
> >     I forgot to do inventory year end on 3rd July 2010 and now she is
> > facing
> >     the
> >     problem with inventory fiscal year and period.
> >
> >     For normally month end close in AS400 system S21 per screen at
> >     bottomest, I
> >     usually use \\"2/ INC for closing inventory module. Unfortunately, for
> >     year
> >     end I have not done 3/INC for year end close.
> >
> >     Since year end of Fiscal year (FY) 2010 is 3rd July, FY2011 is
> > starting
> >     of
> >     4th July on ward. The consequence of year end close has not been done,
> >     there
> >     were some transactions of FY11 during 5- 13 July (per G/L record in
> > red
> >     text
> >     ) recorded in FY10 P12 (1012). Our sales volume, sales amount, costing
> >     and
> >     G/L are wrongly booked.
> >
> >     Could you please advise me for solve for year end close for FY2010 ? I
> >     need
> >     to remove recorded of FY11 out from FY10, is there any possible way to
> >     do
> >     kindly advise.
> >     Thanks in advance.
> >
> >     Regards,
> >     Anuj
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> >
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> >   2. mailto://anujgupta17@xxxxxxxxx
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