User Support Forum

Hello:

I have converted PC+8.5 to PC+9 I have two incorrect entries in the expense account from months that are closed. How do I correct these mistake from months that are closed. When I tried to make them in December the income/expense statement did not relect the actual income and expense from that month, but relfected the income/ expense with the corrections. I am trying to close the year end. Help!

I understand the problem this creates on your Income and Expense statements for the month of December (Lesson learned--run financial statements and review before closing a month ). However, even though the December numbers will reflect the corrections, the year-to-date numbers will actually be ok. I would recommend that you post the corrections in December. If you really don't want the corrections to show in your December statements you could post them to the Fund Balance accounts. However, this is not desirable because while this would correct your December amounts, it will cause the year-to-date expense amounts to be overstated.