I closed off the A/P year end. I made the adjustments on the last fiscal year's invoice when I made the payments in the current fiscal year. Now one of my expenses accts. has the credit amounts. How can I reverse this credit amounts? Since this amount should be credited on last fiscal year's expense account.

Hi Cfaye

I don't work for Softrak so you can ignore my comments and wait for official ones from Softrak.

Your questions don't make sense. If I were you, I would re-phrase your questions using proper grammatical English. Either you are having trouble expressing yourself in English, or you are totally confused about how Adagio works.

Do you have an Adagio consultant? If not, you might want to contact one near you from the list on Softrak's website. I realize you have to pay a consultant, but it will be hard for Softrak to resolve your problems if you can't express the situation precisely.

Sorry I can't be more helpful.

Steve Schwartz

Hello cfaye,

Are you saying you made an adjustment dated in the current year, for an invoice that was dated in your last fiscal year? (Credit expense, debit payables?) This transaction should have been posted to the prior year (prior year posting) in Adagio Ledger if you wanted it to affect the figures from last year.

Now, you'll have to enter an adjusting journal entry in ledger to take it out of the current year, and re-post the transaction to the previous year. Unpost Batch works well for this purpose. Note that your payables control account won't agree with the subledger closing balance if you do this.

Some advice fdrom your accountant or Adagio consultant might be in order here.

Hi Andrew,

Thanks very much for your support. Your suggestions are very helpful, and worked well for my year-end invoice adjustments. Also, I would like to use this opportunity to give my thanks to your member,consultant, Bruce Gardner for trying to help me with running year-ending process. He is patient, professional and skillful.

With best regards!

Faye

Hi Faye,

Glad to hear that it's all correct now, and that Bruce is giving you good support and advice. Sometimes there can be a lot to learn in Adagio!