Before you begin

• Back up your company data by selecting File, then Backup
• No users can work in the current or new FYE company until all steps have been completed

For full instructions, download and review these documents

• Changing GL FYE while retaining detail
• Change the fiscal year-end month for subsidiary modules

Watch a short video on how to change your fiscal year end

Key information to gather before starting the process

1. New Fiscal Year End (FYE) - What month will the new fiscal year end?
2. Start Month for New FYE Company - First month you'll post transactions in the new company.
3. Journal Detail Transfer - Do you need journal entry details from the original company copied into the new one?
4. Beginning Balances - Get starting balances for the new company from your accountant.

Important Notes

• Follow each step exactly to maintain data accuracy
• For clarity
  • The original company is called CURRENTFYE
  • The new company is called NEWFYE