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We are currently using IFSAPP 9 and have not completed a Yera End properly since 2005.

Whilst investigating the options around GL Archiving, we have come up against you need to have completed Year End process before being able to Archive.

 

Our questions are.

Do we have to complete the year end process and transfers for each individual year since 2005.

How do we deal with transfers that will affect the next financial year reporting when accounts have been agreed.

Any short cuts or known work arounds. I have in my long distant memory  that an IFS consultant helps one of my previous employers do many years within an hour or 2 and allowed us to continue doing year end process form that point onwards.

Hi,

If you do not have any transactions in the Years, then it's an Easy Month Close and Year Close. So you need to bring it to the Year where you had transaction and from that year onwards you have to do proper Month End and Year Ends.

Thank You

 

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