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Found major problem in end of year


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I was checking over my profit and loss on 28th Jun 2010 and all was fine and checked again on 29th and still ok. It was reporting I had a net profit of around 17,000 which is fine for a little home based business.

 

I went to run the profit and loss report today for last fiscal year and it now says my profit is over 90,000 and nothing has been entered into the program since 29th. The only thing that has happened is EA has started a new fiscal year for me.

 

Something must be wrong with the way it is closing off end of year or is there something I am supposed to do in EA to close off the year.

 

Graham

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