I need two fiscal period 9s next month

Kinetic ERP
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Our company was acquired and I need to have two period 9s one from 8/25-9/13 with a closing to retained earnings and another from 9/14-9/28 with zero opening P&L balances.

I am building a pilot instance to hold the final data from 9/13, but need to work out how to zero out mid period.

I do not have Multi-book if that would help, so how can I do this?

Thanks

Greg

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I don’t think there will ever be a way to have “two period 9s” because the period number is a unique and sequential number.

Would you be able to modify your 2024 fiscal year in the calendar to end in period 9 on 9/13/2024 and then create a new fiscal year 2024 with a suffix B with periods from 9/14/2024 to the end of the year?

That would give you 0 starting balances on the P&L but you’d likely have to modify some financial reports to get the full year’s financials, if needed.

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@jepp I did not think about Fiscal as being something other than a year. I will check if I can make a 2024B.

Thanks

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Thanks This looks like it will work and do what I need. I had seen suffix before, but had never really looked at what it was for.

I had to delete 10-12 and end 9 on the 13th and then 2024/B started on the 14th.

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I am filing this in the memory banks for later…

So THAT is why you would use a suffix!

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Did this recently for someone who was transitioning to new owners. @gpayne be aware that since the fiscal year 2024 ended on 9/13, there will need to be a year-end on 2024 and a year end on 2024/B in December.

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