Option 1 - Restore a backup - Recommended
If you have a backup that you can restore without losing any work, do that. This option takes you back to the position you were in just before running the year end. Find out more about
how to restore a backup.
If you've made many changes since the backup, and reprocessing them is impractical, a restore might not be feasible. If you don't want to reprocess any data, you should look at Option 2 below.
Option 2 - Reverse the year-end journals and change the financial year
First, reverse the year-end journals. Then, change the financial year start date to the correct one. This doesn't affect transactions posted since you did the year end.
Reverse the year-end journals
TIP: Clear any filters from your Nominal codes before running the report.
1. Run the Day Books: Nominal Ledger report to locate the posted year-end journals.
Run this report using the year-end date you want to change. All journal entries posted by the year-end process use the details of Ledger Year End.
2. Click Nominal codes then click Journal entry.