Close Books Question

[Philip Tait]

On Mon, Oct 28, 2013 at 10:34 AM, Jay Ridgley <jridgley2 at austin.rr.com>wrote:

> On 10/26/2013 06:09 AM, Jay Ridgley wrote:
>
>> Folks,
>>
>> I goofed up, vioded a check after closing the books, so now things are
>> not quite
>> right. My accountant is a little upset...
>>
>> Can I correct the problem by doing a second close book to take care of
>> this?
>>
>> I can't unvoid the check...
>>
>> Note: The transaction is from last year! I learned a lesson , I think...
>>
>> regards,
>> Jay
>>
>
> OK; So I now can answer my own question, all I had to do was delete the
> closing transactions, make the adjustments that were required ( not part of
> original queury) and reclose the books.
>
> Just had to review how the Close Book transaction works. Even though it is
> not necssary to close the books, things look cleaner in the reports my
> accountant wants. He thinks that it is a nice implementation of an
> accounting package!
>
> I think the documentation for the package is great; I just have to
> remember that it is there!
>
> I love this package and have recommended it to several folks. Personally I
> have 2 sets of books (two different entities and soon to be three)
>

Thanks for this! I have yet to use "Close Books" because of the concern
about recovering from a mistake such as this. I will give it a try this
year.

Philip