Follow the below steps to resolve this:
Create a new company and restore the backup data for the current financial year into the new database.
Once the restore is complete, run Year-End Processing (Y.E.P) for the new company.
Go to Housekeeping and select Year-End Processing.
Enter your password to execute the process.
After the Y.E.P process is completed:
Go to Administration
Open Administrative Tools
Select Tools
Enable the following options:
Set Opening Balance to 0
Set Last Year Figure to 0
Unlock Opening Balance
Unlock Last Year Figure
This allows the opening balances to be edited later, once the Year-End Audit is completed and the closing balances are finalized.
You may continue entering current-year transactions as usual. After Y.E.P, periods 13 to 18 will be reset back to periods 1 to 6.
Once the audit is completed:
Enter the opening balance for the current year in the new company
Record any adjustment entries for the previous year in last year’s database directory
Note: Please be informed that you can key in data up to 18 periods, hence you may continue without doing the year-end right after period 12.