Results 1 to 3 of 3

Thread: Processing 'out of period' transactions

  1. #1
    Junior Member
    Join Date
    Jan 2014
    Location
    Mpumalanga
    Posts
    19
    Thanks
    1
    Thanked 0 Times in 0 Posts

    Processing 'out of period' transactions

    Good Evening,

    I recently setup Pastel Xpress V12 for my employer using 1 March 2014 - 28 February 2015 as the financial year during the setup process.

    My employer would now like me to start entering transactions for January 2014 but there is no period for setup for this.

    Is it possible for me to enter transactions before the financial year I entered on setup starts or will I have to start from the beginning (setup the system again) using the current financial year first?

    Thanks

    Jacky

  2. #2
    Diamond Member Neville Bailey's Avatar
    Join Date
    Nov 2010
    Location
    Westville, Durban
    Posts
    2,760
    Thanks
    44
    Thanked 451 Times in 396 Posts
    Yes, you can process prior year transactions. The only exception is documents (i.e. invoices, credit notes) which cannot be processed in the prior year.

    In order to process a prior year journal, open the journal and then click on the Settings button at the bottom. In the next screen, untick the option named "This Year Transactions" and then close the Settings screen.

    You will now see the words "Last Year" appear in red at the bottom of the journal.
    Neville Bailey - Sage Pastel Accounting Consultant
    www.accountingsoftwaresupport.co.za
    neville@accountingsoftwaresupport.co.za
    IronTree Online Solutions

    "Give every person more in use value than you take from them in cash value."
    WALLACE WATTLES (1860-1911)

  3. #3
    Junior Member
    Join Date
    Jan 2014
    Location
    Mpumalanga
    Posts
    19
    Thanks
    1
    Thanked 0 Times in 0 Posts
    Thank you so much. The information was very helpful.

Similar Threads

  1. Replies: 3
    Last Post: 18-Aug-14, 09:00 AM
  2. Replies: 58
    Last Post: 07-Feb-14, 04:05 PM
  3. Accounting Advice - SARS Transactions
    By daveob in forum Accounting Forum
    Replies: 1
    Last Post: 08-May-12, 02:01 PM
  4. Quickbooks Credit Card Transactions
    By MadJan in forum Accounting Forum
    Replies: 1
    Last Post: 21-Jul-11, 11:24 AM
  5. BEE transactions?
    By Chris90 in forum BEE and Employment Equity Forum
    Replies: 4
    Last Post: 20-Apr-11, 11:51 AM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •