To Add an Adjustment Period

In MYOB Advanced, you can add an adjustment period for each year only during initial setup, when you configure your financial year and its periods. However, if required, you can easily add an adjustment period for the latest financial year.

In MYOB Advanced, you add an adjustment period on the Master Financial Calendar (GL201000) form.

Note: To open any form, you can navigate to it or search for it (by its name or by its form ID without periods). For more information about search capabilities, see Search.

To Add an Adjustment Period

  1. Open the Master Financial Calendar (GL201000) form.
  2. In the Financial Year box of the Summary area, select the latest financial year to which you want to add an adjustment period.
  3. Select the User-Defined Periods check box.
  4. On the table toolbar, click Add Row.
  5. In the added row in the table (that is, the last period), make sure that the check box in the Adjustment Period column is selected.
  6. If needed, in the Description column, type a description that indicates that this is an adjustment period.
  7. On the form toolbar, click Save.