
Originally Posted by
Neville Bailey
Period 13 is the solution here!
Pastel allows you to create a 13th financial period for exactly this scenario.
If you have Period 13 enabled, you only need to run your year-end process by the latest end March 2016. This means that you can continue your February 2016 (Period 12) transactions, as well as process your March 2016 (Period 13) transactions.
Once you have run your year-end, during or at the end of March, all your Period 13 transactions will be reassigned to Period 1 of the new financial year.
Important note: You can set up 13 periods under Setup...Periods. It is critical that you tick the option named "Use Last Period as First Period of Next Year".
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