Microsoft KB Archive/933401

= Error message when you try to save a transaction in Microsoft Office Accounting Professional 2007 or in Microsoft Office Accounting Express 2007: &quot;The transaction date must be within an open fiscal year&quot; =

Article ID: 933401

Article Last Modified on 8/15/2007

-

APPLIES TO


 * Microsoft Office Accounting Professional 2007
 * Microsoft Office Accounting Express 2007

-



SYMPTOMS
When you try to save a transaction in Microsoft Office Accounting Professional 2007 or in Microsoft Office Accounting Express 2007, you receive the following error message:

The transaction date must be within an open fiscal year. To create a new fiscal year, on the company menu, Click Manage Fiscal Year.



CAUSE
This problem occurs when one of the following conditions is true:
 * You try to save a transaction that is in a closed fiscal year.
 * You try to save a transaction that is in a fiscal year that has not yet been created.
 * You try to save a transaction that is in a fiscal year that is before the company start date.



RESOLUTION
To resolve this problem, use one of the following methods.

Method 1: Reopen a closed fiscal year

 * 1) On the Company menu, click Manage Fiscal Year.
 * 2) In the List of Periods of the Mange Fiscal Year dialog box, click the fiscal year that you want to reopen, and then click Open Fiscal Year.
 * 3) Click Close.

Method 2: Create a new fiscal year

 * 1) On the Company menu, click Mange Fiscal Year.
 * 2) In the Mange Fiscal Year dialog box, click New Fiscal Year.
 * 3) In the Create Fiscal Year dialog box, enter the fiscal year information, and then click OK.
 * 4) Click Close.

Method 3: Edit the start date of the company

 * 1) On the Company menu, click Mange Fiscal Year.
 * 2) In the Mange Fiscal Year dialog box, click Change Start Date.
 * 3) In the Start date field, type the start date of the first fiscal year.
 * 4) Click OK.
 * 5) Click Yes to create the necessary fiscal years.
 * 6) Click Yes again to set the first valid posting date to the new start date.
 * 7) Click Close.

Keywords: kberrmsg kbtshoot kbprb kbmbsmigrate KB933401

-

[mailto:TECHNET@MICROSOFT.COM Send feedback to Microsoft]

© Microsoft Corporation. All rights reserved.