Closing Fiscal Year Problem

[afgnostech]

I am having the following problem. I have four different companies of varying sizes. I am trying to close an old fiscal year for all of them. The smaller three worked without a problem but when I ran the close out process for the last company, it got up to 73% on the change accounting periods progress bar and then hung there. It just never finished but I never got an error. I am runnning Peachtree 2002 under Windows 2000. I have made sure I have enough disk space (2 Gigbytes free on drive that is running the application and 50 GB free on the drvie that has the data files - size of company folder is 700 MB). I would appreciate any ideas on things to try. Thank you.

[dringstrom]

700 MB is double the size of the largest Peachtree company that I've ever heard mention of. I think the close would finish if you gave it enough time, but it might be several days. In your situation, I'd purge as much prior activity as I could before attempting the closing process again.

[afgnostech]

Thanks for the quick response. I do plan to purge any old transactions and try again. This time I will just let it run.

[Shannon Tucker]

Assuming that your data integrity is OK, you might be able to speed up the close by running Peachtree on the hard drive where your company data is located, as opposed to accessing your data across your network. That will eliminate all the reading and writing of data across the network, resulting in probably a faster close process, and less chance of network-related errors coming into play.

You also might want to defrag the hard drive where the data resides. This too will make it easier for your computer to handle reading and writing all that data.

Closing the year sometimes exposes otherwise latent data problems. You could backup your current data (you want to do that anyway before closing the FY), and run the integrity check.

If that reveals data problems, you might want to consider our data repair service (http://peachtreeusers.com/datarepair.htm). There is a flat fee regardless of database size, and results are guaranteed.