Our company is re-aligning our fiscal calendar to start in August rather than February. Does anyone know how we'd move transactions out of a period so we can re-align?

I have done this once before - you have to move everything

you do not have to do any import/export, none of that. you nee to have multiple fiscal years enable, create one short year and that’s all you have to do. contact me if you need more

Hi @Karina - that is what we were thinking at first

There are likely to be transactions you can't move. However, yes. 1) Delete unused periods. 2) Shorten p7 to end on 8/4 (most likely) 2a) shorten your calendar year setup to end on 8/4 3) Create new year starting on 8/5 to go until the next year proper end date. 4) move all the transactions that you can (hopefully all of them - but I expect hold outs that prevent you from moving them) 5) if you don't have transactions left - then you can play with your calendar year start date to have them correct. If not, you probably just let those 3/4 days ride, knowing that it's a small volume. You should note - you have to move all transactions (including non posting) and any amortization schedules are likely to completely mess you up if they flow into future periods.

@Nicholas Penree - you cannot have overlapping FYs, your RE will not be calculated correctly. but you do not have transactions in future periods, just schedules, right? Your periods are still periods, they do not go away. You need to have different YEARS, and that is easy to organize.

@Karina correct. We currently have transactions in P7 FY2021 of the old calendar, which is really P1 FY2022 in our new calendar that started 8/1

Well, what are your old calendar dates? Aug through July?

Their old dates are Feb - Jan. They are looking to switch to using Aug - July