After starting a new year

• You can post transactions to the current fiscal year and one prior fiscal year
• When posting to the prior year
  • You can change the transaction date as far back as the first day of the previous fiscal year
  • You can post the entry on the transaction window

Limitations

You can’t generate a  Payroll Cheque Run in the previous calendar year and must issue individual cheques. 

To prevent processing before a specific date:

1. Log in as single-user mode and sysadmin.
2. Go to Setup, Settings, Company, System.
3. Enter a date in Don’t allow transactions dated before.
    NOTE:  The date must be the beginning of the previous fiscal year  
   
4. Select OK.