Our accounts are set to post to detail. Yes we did run the consolidate posted transactions function. In version 8 it's our understanding that you could not 'close the year' without running this function. Is this no longer required? Is there something else that needs to take its place or do we simply skip that step in order to retain the detail in the GL?

As we have already run this function; what are our options at this time? Is there a way to undo this without restoring from a backup etc. or is restoring the lesser of the two evils?

I have an additional question regarding restoring archived batches. Here goes:

I archived several 2008 batches in order to create the new year etc. I just now went to restore the first batch. (Yes, I am in the 2008 database) It copied with no problems; however, when I entered the batch via edit batch, the FP remains 12 (which is what it originally was). I drill down to edit that particular entry and go to change the fiscal period and it gives me 2007 dates, as opposed to 2008. However, when I edit the actual line, the new window opens and it shows a date of 1/31/08.

How can I get the FP to be 1/31/08 as opposed to 1/31/07 etc.?

Do I have to go into each and every line item to make this change or can I make a mass change for each batch?

Thanks for your help!
Lulu