Back/postdating transactions

Transactions can be both backdated and postdated to any fiscal year that exists in the database.

To backdate or postdate a transaction, enter the desired date. The following message may appear when you’re recording a transaction. We’ve added this message to help you ensure that you don’t enter data in the wrong fiscal year.

Warning: The transaction date is outside of the current fiscal year. Are you sure you want to make this entry? Any transactions entered in a previous fiscal year will change the Retained Earnings and Balance Sheet for all future year. If your accountant has already reviewed your books, contact him or her before recording this entry. 

Click Yes to continue.

Last updated on February 25, 2014 by FCC AgExpert