Pastel Periods and Postings

[vieome]

Please if anyone can help with the following. A client of mine bought pastel and wants to enter all the accounts information from 2010 to 2012 in pastel. I have set the start date for Pastel as Jan 2010 but my client does not have all his info for 2010 is there a way I can post the 2011 accounts without changing the year end period or do I have to wait for the information from 2010 to all be entered first?

[Neville Bailey]

You can do what you suggest, but it will involve more work than doing the job chronologically and doing the year-end rollovers in the conventional way.

To do it as you suggest, you will need to do the following:

• Create a copy company of the 2010 accounts;
• Delete any transaction history in the copy company (if any);
• Run the year-end in the copy company, so that it is set up for 2011;
• Process the 2011 transactions in the copy company (at this stage the copy company will not have any opening balances);
• Process the 2010 transactions in the original company as and when you can;
• Process the opening balances in the copy company (as last year entries), using the closing balances of the original company.

[vieome]

Thanks Neville much appreciated.

[KYLE]

Hi Neville,

Really need your help on Pastel!

I created a company on Pastel but captured the wrong period when setting up the compnay using "Auto setup".

Where can I change the period to the correct one? I tried by going to SETUP-PERIODS but when changing "Last year" periods it does not update "This year periods"

When setting up i accidently captured "last year" period as "this year"

Please can you help me - this is an assignment and I need to submit soon but cannot continue.

Much appreciated

Kyle
0820757505
kyle.clark@netcare.co.za

[Neville Bailey]

Hi Kyle, I have responded to your PM.