Accounts

Entering transactions in the 13th period


If you chose to use 13 accounting periods in your fiscal year, your MYOB AccountEdge fiscal year will still only include 12 calendar months. The 13th period is not a part of your chronological calendar; instead, it allows you to use any date you need. To do so, however, you must enter the transaction dates a little differently than you normally do.

To enter a transaction for the 13th period, enter an asterisk (*) in the Date field before you enter the transaction's actual date.

For example, if you want to place a transaction in the 13th period to indicate that the transaction was an adjustment for a transaction you originally entered on September 9, 2006, enter *9/9/06. (If you simply want to place a transaction in the 13th period and the actual date doesn't matter, enter any date you want to use after the asterisk). By entering an asterisk before the date, you ensure that your accounting records for that date won't be affected by the entry.

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