Accounting should allow flexibility in period-ends

Office Accounting does not allow for accounting period start and end dates to
be amended after the periods have been created and transactions entered.
This is a fundamnetal weakness; there may be many reasons for business owners
to choose to change the date to which accounts are prepared, your software
requires them to be certain of the period end dates before transactions are
posted.

By comparison QuickBooks allows users to amend year-ends at any date and
then re-run reports.

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http://www.microsoft.com/office/community/en-us/default.mspx?mid=4c8fd264-32d5-4ac8-97a9-5df8767207f2&dg=microsoft.public.office.misc

Gordon
Wed Jul 16 02:21:02 PDT 2008

"Malcolm Veall" <Malcolm Veall@discussions.microsoft.com> wrote in message
news:4C8FD264-32D5-4AC8-97A9-5DF8767207F2@microsoft.com...
> Office Accounting does not allow for accounting period start and end dates
> to
> be amended after the periods have been created and transactions entered.
> This is a fundamnetal weakness; there may be many reasons for business
> owners
> to choose to change the date to which accounts are prepared, your software
> requires them to be certain of the period end dates before transactions
> are
> posted.

Absolutely. Are you an accountant? I am - and have worked in all sorts of
organisations from small estate agents to large UK publicly-quoted
companies.
YOU DO NOT AMEND PERIOD ENDS AFTER SETUP - think about it - that could
initiate all sorts of dubious practices like "massaging" figures for a
particular period. You think hard about your financial reporting BEFORE you
set it up.