Fiscal Period Change

From my perspective, I'd set up a new company. If you merged with another
company, then the "original" company is no more. If you've merged with
another company, your EIN should change to that company, etc. I'd check
with your CPA, but my guess is that you'd need to file your tax returns
separately - pre-merger and post-merger. Thus, your Vantage financial
records will need to be separate.

Remember, I'm not a CPA, but I am basing my opinion on education and
experience, FWIW. ;)

Tricia Simon, Controller
Riten Industries, Inc.



-----Original Message-----
From: Gary Wassing [mailto:gwassing@...]
Sent: Wednesday, September 29, 2004 3:21 PM
To: 'vantage@yahoogroups.com'
Subject: [Vantage] Fiscal Period Change


We have recently merged with a new company and our year end has changed.
Our original year end was October 31, 2004, making October period 12. The
new merged company has a year end date of September 30, 2004. Because we do
reversing journal entries, how do we make October 1, 2005 our period 1 as
opposed to period 12 without hurting the integrity of our data and or losing
entries?





--

Gary Wassing

Systems Administrator

Clemmer SteelCraft Technologies

519-271-4750 x227





[Non-text portions of this message have been removed]




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We have recently merged with a new company and our year end has changed.
Our original year end was October 31, 2004, making October period 12. The
new merged company has a year end date of September 30, 2004. Because we do
reversing journal entries, how do we make October 1, 2005 our period 1 as
opposed to period 12 without hurting the integrity of our data and or losing
entries?





--

Gary Wassing

Systems Administrator

Clemmer SteelCraft Technologies

519-271-4750 x227





[Non-text portions of this message have been removed]