Steps to rebuild comp. chng acct periods

[METRO]

I have to rebuild an existing company in order to change the start date of the fiscal year. Has anyone been through this before? Are there any pitfalls? Where can I get a list of the steps I need to do to accomplish this? Any help would be appreciated.

Thanks.

[jbattista]

I have rebuilt an existing company to change the number of accounting periods. Use the procedure outlined in the Peachtree product HELP listed under:

rebuild, existing Peachtree Accounting company (overview)
rebuild, existing Peachtree Accounting company procedure

Follow the procedure EXACTLY as written; be sure to BACKUP the existing company.

[Kymie]

Did you ever get any help or answers on doing this? We have to do the same thing. Any info you could share with us would be much appreciated

[Kymie]

After further research I have found that you cannot change the fiscal year after the new setup of a company has been completed and data entered, BUT, you can make a back up of your data and then export your data out to a txt file then import your data back into a new company you set up with the new correct fiscal dates set in it. This works well we just did it, BUT the ending balances each month whihc is always a manual entry has to be re input back into each omnth end, but other than that all data, vendors etc moved over to new company through import just fine and converted the fiscal date to the new fsical date we needed it to be.

[Kymie]

Yes we just did it, first make a back up of you data then create a new company with the correct fiscal dates you need it to be.

Then export a COPY of your old company that has the wrong fiscal dates in it to a txt file.

Then inport that text file back into the NEW comapny you set up with the right fiscal dates in it.

All transfers over correctly except maybe a few hicups, during the import processs you will get a few errors just say OK and continue with the import.

Things like the ending balance in your check book that is manully entered in each minth will have to be re input back in manually and you may lose a the first vendor and it may have ot put back into the new company IF you say yes to the question do you want a header on this, that will prevent the first vendor in your list form converting over, but by far this works well and requires a little input on your behalf to get it all in there. It beats the heck out of what Peachtreee support told us to do whihc was set up a new company with the right fiscal dates and REINPUT all your data again is the only way they said to do it!