Hi Leslie - Coming back to this old post. I sent a separate post regarding the issue I'm having. I ran the Year End close on GP 10.0 and it completed except that the year is not marked as "Historical", it's still open. I tested it to see if it's going to let me manually mark it historical in the Fiscal periods setup screen, the message was that "you cannot mark this year as a Historical year. Open-year balances exist for it". The BS accounts were brought forward correctly, but the P&L accounts did NOT close to Retained Earnings. My question is: if I make the JE to close the P&L accts to Retained Earnings, will it let me check that Historical option? PS: restore from backup is not an option.
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