How do I post a Prior Year Journal

Simona Riftin

31 March 2026 03:48

Why can't I Post a Prior Year Journal?

Details

Check if you are allowed to post to the prior year via System Admin / Define Companies / Maintain Parameters.Parameter PSTLYR must exist with a value of YParameter PSTBCK must exist. It controls the number of period that you are allowing post back. The parameter value must be from 1 to 36 if posting to two Prior Financial Year.

Steps

1. Process a "General Journal " as usual
2. Make sure that you select the correct the Back Posted Period in the header
3. In Journal double entry transactions, make sure to add the Profit and Loss double entries rather than updating the retained earning control account manually. This is because Jobpac will back post an updated retained earning control account as part of the posting process.