We're doing a stub month/year due to a buyout. As ...
# accounting
r
We're doing a stub month/year due to a buyout. As it happens, we're lucky enough to not future date any transactions as a general rule and we don't have amortization or ARM that tags stuff to months in the future. FAM it appears doesn't "see" periods, it only cares about dates. I ended up just deleting all the future months that won't be needed for the "old" year, adding a new year with the proper dates and then re-adding the months. This seemed to work fine. Any gotchas I'm not thinking of? I've done this before, but it's been quite a while.