Posting Periods for End Period Closing.

Hello everybody,
I need your assistance about at Period End-Closing.   I got a customer from Costa Rica; the point is his fiscal periods go from October to September and We have the problem the customer didnt prevent this topic and He added the periods from January to December.   The question is: is there an financial option or what process We can follow to execute this topic on the best way possible?
Regards and thanks for your help,
Daniel

Dear Daniel,
The issue if i presume correctly is that they are following the year as Jan to December and they want to do the closing for the october to September which are two posting periods (October- December of Previous Year) and (Jan to September current year).
This seems to be the incorrect entry of the Posting periods as they follow October to September Posting Period.
You can try the workaround as follows in the TEST COPY of the database :
Try to close two Posting Periods; for the October to December and Jan to September separately and check the figures. I believe you need to involve the company accountant to analyse and also check the various financial reports and the impact on the same.
It cannot be confirmed if the above may be helpful or not but you can try in the COPY to check.
Please test it and check in COPY of the database.
You can go through the above mentioned document for some more information on the Posting Periods.
Kind Regards,
Jitin
SAP Business One Forum Team

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