Thursday, March 19, 2015

Reopening Closed Years!

Okay, so my new year’s resolution has completely gone astray as I have been absent  from this blog for way way way too long.  So here I am, coming out of the post-year end haze, and hope to get back in the habit.  So, I  thought I would start out with some easy stuff that I can share in terms Dynamics GP 2015 and the exciting things  out there for those of you that are considering upgrading (BTW, our new implementations are going to on to GP 2015 and we have started upgrading folks as well).

 So, in terms of exciting stuff in GP 2015, how about this little gem?

This is a super exciting one, because it eliminates all  of the time consuming options we had (reversing stuff manually in the tables  or sending the data to Microsoft or yadda yadda yadda). 

So why is this exciting?  Well, we all know that GP let’s you post to the most recent historical year, right?  So, here in 2015, we can post to 2014 (if it is closed) but not 2013.  So, let’s say that we accidentally closed 2014 and we really do need to post to 2013 (this sort of thing happens most commonly during implementation, when you are loading several years of history and closing years in succession).

Now, you can click this lovely little button…

And you can opt to reopen the most recently closed year.  Exciting stuff.  Always make a backup first, of course!  All users must be out of the GP when you do this.  Equally exciting is that it will also move analytical accounting information (if you are using it) back to the open year as well.  Once you run the reverse, it is recommended that you reconcile (Utilities-Financial-Reconcile) all open years starting with the oldest.

Christina Phillips is a Microsoft Certified Trainer and Dynamics GP Certified Professional. She is a senior managing consultant with BKD Technologies, providing training, support, and project management services to new and existing Microsoft Dynamics customers. This blog represents her views only, not those of her employer.

1 comment:

Jen Kuntz said...

I was going to test this yesterday on a test company at a client. I was very surprised that EVERYONE has to be out of GP for this to work - not just this company. That seems unnecessary, I'm curious why they did it that way!