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Accounting Errors: 'Cannot proceed on Year End Processing'

Not able to do Year-End Processing.

Updated over 3 weeks ago

Year-End Processing cannot proceed because no transactions are recorded in Period 12. The closing period is set to 12, but entries only exist from Periods 1 to 11. To address the error and successfully run the Year-End Process:

  1. Add a double entry with an amount of 0.00 in period 12.
    E.g.: Debit Bank 0.00 and Credit Capital 0.00.

  2. Save Transaction.

  3. Run Year-End Processing.

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