Posting Date is extended

Hi Experts ,
One of my client has accidently extended posting period .The set up looks like
01/01/2008 ---01/31/2008
12/01/2008---01/13/2009
01/13/2009---01/31/2009
Since transactions has already been done , so there is no chance for me as transaction already lock the period . I am familiar with how to correct posting period ..my transaction volumes are very high ..
My main concern is --what is th e effect on year end process ? Can I still proceed to do year end ?
OR Is this not a problem at all
If someone has faced this situation before ..can some one give me accounting implications
Thank you
Bishal

Hi Kirsten ,
I know my option is 2 . I have a confusion is:
1. Should I do year end process for 2008 ?
2 . I know I receive this information late ..My customer are in 2009 and they are posting information as of today date .
Should  i close the year 2009   11/05/2009 Considering today i am performing year end closing today and open new period from 01-01-2009 and start posting information in new period -11/01/2009
Thank you
Bishal
Edited by: BIshal Adhikari on Nov 5, 2009 8:37 AM

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    >
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