Hi Barb,

In Adagio Ledger 90A, when you use the Post to Prior Year function, there is a 'Y/E Adjustment period' checkbox that you may select if you wish; this is optional. If not selected, then posting to prior year continues to work as it always has, with the posted transactions going to the prior year and the fiscal period as entered in the batch, and income statement amounts also closing to retained earnings.

If you do select this checkbox when posting to prior year, net changes update a separate 'period 14', rather than the usual 12 or 13 periods. Indeed this is similar to how some clients use period 13 - as a single day strictly for adjusting entries. This allows you to keep the actual net changes for your accounting periods intact to make better comparisons for reporting.

You cannot post to this period 14 in the current fiscal year, only with the Post to Prior Year function.

Because you can only post to the prior year, you can see these amounts when you View History. These amounts will display on a separate 'Year End Adjustments' row, and are not editable.

You can also see these amounts included or excluded not only in Finanical Statements but also the Trial Balance report - using the 'Include YE adjustments' checkbox. The Detail Listing report continues to allow you to include or exclude prior year postings (whether or not period 14 was used).