Our organization has recently signed an agreement with another Catholic Healthcare Ministry. Our fiscal year runs from July 1 - June 30 so basically we are in FY18. The organization that we are a part of has a calendar year for fiscal year. We have been told that we will finish this fiscal year out and close Lawson books as usual on June 30th. At that point, we will be moving to their fiscal year calendar and July would be the seventh period instead of the first period.
If anyone has had to change a fiscal year mid-year to a calendar year - I would really appreciate information as to how it was done. I have documentation from the KB from Lawson - but I was hoping there would be someone who actually has hands on experience. This will affect all HR/SC/Finance suites.
Thank you in advance