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Jan 16, 2008 at 12:55 PM

Year end and Doc types

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Hi all,

I have a question that just came up due to the year end:

we use three doc types for top level adjustment: L1 - permanent, L2 - reverse next month, L3 - reverse next year.

Every month we make a number of specific L2 entries. In december do we still make them as L2, or as L3 type? We have a K4 setup, but only use period 13 actively - there are no postings to 14,15 or 16.

Since we don't run period initialization on 13 in the monitor, they shouldn't reverse then, but when I initialize the new year with Balance Carryover and Period Initialization - will it pick up L2's from December?

Thanks

Pavel