After closing 2013 year end, we setup the 2014 fiscal period but the beginning and ending dates defaulted to 1/1/15 and 12/31/15. When we tried to manually correct the dates to 2014, we get an error cannot be part of an existing period. We checked 2006 (initial year using GP) and found where the beginning and ending dates are 2014 and it is not marked as historical. We manually corrected the 2006 dates and then went back and recalculated 2014 and they appear to be correct now. However, we still cannot mark 2006 as historical. It states there are transactions for this period.
After correcting the fiscal periods, we ran the reconcile process and thought all was good. However, now when we run a trial balance for January there are no beginning balances for 2014. I think it has something to do with the 2006 year but not sure. Went into table SY40101 and marked the historical year with 1. This did not impact the results of the trial balance. Any ideas?
