we would like to start y/e as of Aug 31-2010....How do I run a second inventory to continue working and posting invoices Our true y/e date is Sept 30-2010 :Thank-You Gillian

You would use the Physical Inventory worksheet to take a snap shot of your data to use with your inventory count. This effectively freezes a copy of your inventory on hand so that you can comapre it with your count and determine any adjustments. This leaves the live data ready to go for invoicing etc.

Gillian:
Doug has accurately described the process you would run at year-end, Sept 30. But you mentioned starting Aug 31. What are your plans?