Changing the management accounting basis

If you want to change the basis from, for example, quarterly for the first year to be monthly in the second year you need to make this change in the Posting option. If you change the basis in the Edit | Management Accounting Basis option this changes the basis for all posting file entries, not just the new posting file entry.

Select Posting | Post select the posting file and when at the Review posting batch screen, indicate that you want to use management accounting to display the list of management periods.

Select Change basis. You will be asked if you want to continue, reply Yes.

You are shown a list of the possible basis periods, select the one you want to use. The list of period end dates alters accordingly.