Hi Susan

Let's assume that the fiscal year ended March 31, 2008 is called FY2008, etc., and that the current year is now FY2009.

Running "Create Next Fiscal Year" should be done at any time after you know for sure that you are done posting adjustments to FY2008 and before you start entering alot of transactions with dates in FY2010. There is no urgency but I would recommend that it be done before March 31, 2009.

Steve