Hi Erica,

Changing a fiscal year end is best done with the help of an experienced Adagio consultant. You often need a special set of financial statements if you are doing prior year comparatives (to make sure that the correct periods are being compared).

Some industries/companies actually run a 13 period fiscal calendar (restaurants often do, for instance) to make sure that all the periods are the same length. Adagio Ledger V9.0 has a specific posting "bucket" for year end adjustments.

Generally, the easiest way to handle a short year end, is to do the year end at the end of the period as necessary. Start the new year but post to fiscal period "n" (to keep the comparatives valid), changing the titles in the fiscal calendar or hard coding the period numbers in the statements, then doing another year end for the short year, and having being back in synch.

As I said, you'll probably want to enlist the aid of someone with experience doing this.