Keep Closed Transactions from Prior Fiscal Years

Mark this selection to indicate that you want to keep closed transactions and contact logs from prior fiscal years.

Important:  Keeping transactions and other entries from one fiscal year to another may impede system performance

When you mark the selection, a drop-down list of available fiscal years appears.

Select the year that you want to use as the starting point for keeping closed transactions.

For example:

If the current fiscal year of your company file -- the year you're about to close -- is 2005, and you decide that you want to keep all of the closed entries from the last fiscal year (2005) along with your new fiscal year (2006) in your company file, you'd select 2005. The date of the first day of the fiscal year is shown to the right of the year. This is the date from which your closed entries will be kept in the company file.

Next year, when you Start a New Fiscal Year in your company file the current fiscal year --the year you're about to close -- will be 2006. You could choose 2005 again; at this point all of the closed transactions from the start of your fiscal year 2005 -- all of fiscal 2005 and fiscal 2006 -- would be kept in the company file along with your new fiscal year (2007).

Cancel button

Click this button to close this window and stop the process of starting a new fiscal year.

Continue button

Click this button to continue the process of starting a new fiscal year.