Has this happened to you? You aren’t quite ready to close the year in MAS90 or MAS200 but you would like to start entering transactions in the next fiscal or calendar year.
In most situations you can enter future transactions without encountering problems either in General Ledger or another module (provided of course that you have allowed for this in your security preferences).
Where you may run into an issue is printing reports.
If you have not formally created the new fiscal year in MAS 90 or MAS 200’s General Ledger when you go to print a report for the future year you will be unable to select that period as it has yet to be create in the fiscal period file (even though there are transactions posted against it).
The solution?
A. Close the year in MAS 90 General Ledger
or (more likely solution)
B. Create the fiscal period in General Ledger – Setup – Fiscal Year Maintenance by entering in the new fiscal year. Allow MAS 90 or MAS 200 to populate the periods and accept the new year.
Now you will be able to select that year as an option in report printing.