Inquiring to find out if this issue has ever came up and what you did to resolve it. We currently partnered with another organization. Our current fiscal year runs from Oct-Sept. The partnered company runs from July-June. We are changing our Fiscal Year to match theirs. However, we will need to shorten our current fiscal year to 9 months and start a new fiscal year in July. We are having issue trying to accomplish this feat. Per INFOR services we need to run the GL500 to change the fiscal year. However, when doing so in test it retroactively changes all historical fiscal year to start in July with 12 periods, not just the new one. The GL500 also final closes all periods up to the start of the new fiscal year. However we will need to be able to make entries in the prior year. Any help would be greatly appreciated.
