stevesakoff wrote the following post on 10/17/2007 5:27:06 AM
Key them in as Period 12 and then use the "Post batches to Previous Year" function - this will restate your prior year's amounts as well as roll forward to Retained Earnings for current year if any entries are to income statemet accounts or to Balance Sheet accounts as required- if you made a copy of your GL before you processed the creation of the current year, so that you have both a complete backup of the previous year and also a separate database with the current year, you would do the same entry in the Previous Years database, but instead use the "Post to Current Year" function since it is still in the previous year -