If you have issues with balances not looking correct, Rebuild the display account. That fixes an issue where the system does not have the correct account types and could transfer expense account balances/
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com]
Sent: Wednesday, February 25, 2015 2:37 PM
To: vantage@yahoogroups.com
Subject: [Vantage] Prior Period Journal Entries
Anyone have any bad experience when re-opening a prior year in E9 to input journal entries? I have tried this in test successfully.
1) Re-open prior year
2) Input journal entry & post
3) Re-run trial balances
4) Transfer opening balances to Next year option
5) Close prior year once again
Everything looks fine....in test. I don't see any downfall. All of the "New" balance sheet ending balances are now the beginning balances in the current year!