Profit & Loss Posting to Wrong Year

Problem

Profit and Loss posts to an e.g. 1991 file instead of current year 1992. Or, a 1992 file exists, but it creates a 1991 file

Diagnosis

1. Clock setting could be wrong- check it.
2. The cost control manager has an option for "post to last year's "p&l". If this is checked, and there are entries for the previous year, it will attempt to post to the appropriate p&l file.

Solution

1. Reset clock.
2. Turn this option off in MacNail construction accounting software and it'll be ok. Or change dates if the costs are this year.

Comments

Entered 11/13/92 by Vinay. Updated 11/20/2010.