Our fiscal year ended March 31, 2008. We completed all of our year end entries and finally today after day end we ran the "Close Current Fiscal Year Function" according to the Checklist found on Softrak/Technical Tips/Ledger 9.0 Year End Checklist. Everything worked well and all looks good. We now have only "Batch" available in Ledger and "Next Year" is gone.

At what point should we run the "Create Next Fiscal Year" function? Can we do that now so we can set up payables that we know are due in the months next fiscal year or do we wait until after day end on March 31, 2009?

Advise on this would be greatly appreciated.

Thanks,