There needs to be a way to run for all previous years. IRS audit is requesting previous year activity but GL year to date ledger report does not calculate beginning and ending balances correctly.
by: Kris C. | over a year ago | Other
Votes
64
Gl Reporting - Year to date ledger only goes back 1 year.
by: Kris C. | over a year ago | Other
Comments
There are MANY reasons to need to rerun GL reports for prior periods. Sage 300CRE is the first software I have ever used that does not allow regeneration of period reports!
We previously used Sage MAS90/200 and we could save the general ledger detail indefinitely. I loved that feature and was really disappointed that Timberline only stores two years worth of information. The IRS can go back and audit your books more than two previous years so the software should be able to retain the detail, too.
You can always run Entries by Account. If that is not enough, you can write a report that runs off the transaction file for any time period. The limits, unfortunately, have to to with storing monthly totals in the master file, which should be removed, in my opinion.
This should be a standard feature. Your data is held hostage unless you hire a consultant and pay MORE for customized reports. Pay more money for an already ridiculously overpriced software.
This would be very helpful. My previous company makes a copy of the data folder every year right before closing the year. They are named Z2001 - xxx, Z2002 - xxx. The data is voluminous.