We have a situation where we need to post additional entries to FY22. As we are currently in FY24, FY22 is final closed and no longer available on GL10. Has anyone ever had to do something like this? Or know whether it is even possible?
Thanks in advance.
We had the same situation, so I opened up a new company that started with that fiscal year. The reporting had to be adjusted to include the new company. This was the suggestion provided by our consultants that we were working with at that time.
I can only speak to what we did 20+ years ago when we needed to do this, and it was on Lawson v7 - I think. But my guess is that it still works the same way today. As you can imagine it is not easy. We also worked with a consulting firm. Maybe work with ICS since it would "sort of"(?) be supported if Infor is the one doing the work. I think we tried changing values in the database, maybe just GLSYSTEM the first time. It worked, except retained earnings and undistributed retained earnings were out of whack. So we had to roll back to a database backup and start over. I think we ended up "resetting" ALL of the dates and calendars in Lawson GL so that the system thought we were 3 years prior. Then we could post entries, close the period, close the year, etc. to eventually get caught back up to "current". Hopefully you can find someone who has done this recently and has expertise, but make sure you TEST, TEST, and TEST. And make sure you watch out for anything "else" the GL199 does, like releasing reversing entries or updating/rolling undistributed retained earnings. Good luck!
Thank you! This is what an Infor consultant recommended to us also. He said this is the easy way.
Thank you! This must be the "hard way" the consultant mentioned. We are going to create a new company and apply the adjusted journals there, then group them.
It definitely was not easy, but it sounds like you are on the right track with company groups. Good luck!
