Error: "Invalid date. The Fiscal End date must be later than..."
Description
Cause
  • A posted transaction is older than the Fiscal End date or the Session Date
Resolution

 NOTE: Even if the transaction has been voided, you can't select a Fiscal End date before the Session/Latest Transaction date.

Option 1: Restore a backup

  1. Restore a backup.
  2. Change the Fiscal End date as desired.
  3. Manually re-enter all transactions that occurred after the selected backup.

Option 2: Advance the fiscal year, and create a 13-24 month long fiscal year

Option 3: Delay changing the Fiscal End date this fiscal year

  • Consult your accountant to determine if it's feasible to delay the fiscal year-end date
  • In the next fiscal year, you can change the Fiscal End date

Option 4: Create a new company file

  1. Create a new company file.
  2. Enter the opening balances as of a specific date (consult your accountant for the date).
Steps to duplicate
Related Solutions

How to set up a new company.
How to change the fiscal year-end date?
Why can't I edit the fiscal year-end date?
How do I manually restore a Sage 50 backup file?