To re-open an accounting period
This support note applies to:
- AO Practice Manager (NZ)
- AO Practice Manager (AU)
- AE Practice Manager (NZ)
- AE Practice Manager (AU)
You may need to re-open an accounting period if you have closed it off too soon eg., before all entries have been processed for the month or if you need to unallocate a payment against an incorrect invoice and then reallocate the payment to the correct invoice.
Select Maintenance > Maintenance Map > Time Setup > Processing Time Setup. The Processing Time Setup page opens.
Select the Accounting Year from the drop-down.
Select the Accounting Period from the table to be re-opened.
Select the checkbox in the Closed column which will remove the tick and re-open the period.
When re-opening periods, you will need to do this in reverse order from the most recent period back to earlier periods. If you need to unallocate a transaction back in July for example and you are now in November and all periods have been closed up until October, you will need re-open each month from October back to July.
Click OK to save the changes and close the Processing Time Setup page
MYOB INTERNAL STAFF ONLY
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