How To Roll Back A Financial Year

[COBS Tech Support]

To roll back a financial year:

1. Ensure all users except yourself, have closed the software.
2. Open the General Ledger area.
3. From the menu select Toolbox|Maintenance|Roll Back Financial Year
4. Press Delete Financial Year.

NOTES:

If you have posted any batches to the year you are about to roll back, you must reverse post them first. You will be able to re-post them once you have rolled forward again.

Any changes you have made to the current chart of accounts will be lost. If you have added or removed accounts in the current chart, these will need to be added again or removed again, after you roll forward again.