Hi Shahabb,
No it’s definitely the update but we will have been trying to clear negative stock which might have impacted the figures as well not knowing it would affect a closed period.
When I do the journal you suggested it brings it much closer to what it was before. I just need to speak to our auditor and see what she wants us to do.
Thanks for your advice- it would be best if when a period is closed it is actually closed and nothing can affect it.
Regards
Suzanne
Is there some proper information or a manual regarding the change of accounting methodology of registring inventory ? As I am completely lost at the moment and my balance sheets for many many years are now completely messed up. Last time I looked at my balance sheet, I had an inventory value of 273,51 euro and now I have an inventory value of 997.115,07 euro.
I am using the cloud version. Is there somewhere I can download the windows version before the new methodology came into effect, so I can at least see my balances as they were for now?
Also I don’t think the timing to implement such a change in the end of a running bookyear is really good.
How do I correct the balances of prior periods that are locked, which got changed due to the negative inventory clearing account feature?
nice Idea cos as the version changes we will never know if the latest version protects on the old files. always have back-ups and filename it as to what versions.