Hi Lulu

I think your confusion stems from the fact that you are trying to follow a checklist that is now totally obsolete. The old way of doing year end is not applicable. No more consolidating transactions, no more copying the pre-close data to a new directory.

The new way of doing year end is much more flexible, but there is a small learning curve.

I think once you grasp the new way, it will all make sense.

Please re-read the comments above without focusing on the way "it used to be".

Steve