COM1085 - Accounting periods: company accounting periods: using MAPD to create more than 5 APs
It is July 2024 and you want to amend the AP (Accounting Period) record of a company for the periods from 01/04/2019 to 31/12/2024. The existing record and the actual and expected APs are as follows:
Recorded APs |
Actual and Expected APs |
01/04/2019 to 31/03/2020 |
01/01/2019 to 31/12/2019 |
01/04/2020 to 31/03/2021 |
01/01/2020 to 31/12/2020 |
01/04/2021 to 31/03/2022 |
01/01/2021 to 31/12/2021 |
01/04/2022 to 31/03/2023 |
01/01/2022 to 31/12/2022 |
01/04/2023 to 31/03/2024 |
01/01/2023 to 31/12/2023 |
听 |
01/01/2024 to 31/12/2024 |
Function MAPD (Maintain AP Dates) will not let you make the changes in one operation because it:
路听听听听听听听听 will not let you enter more than five new APs at a time
路听听听听听听听听 demands that the end date of the last AP you enter either:
路听听听听听听听听听 coincides with that of a currently recorded AP shown on the screen
路听听听听听听听听听 is later than that of any currently recorded AP
听
In these circumstances, you have to use the function twice. The first time you could amend the AP record to
01/01/2019 to 31/12/2019
01/01/2020 to 31/12/2020
01/01/2021 to 31/12/2021
01/01/2022 to 31/12/2022
01/01/2023 to 31/03/2023
Please note that the last AP is a 鈥榙ummy鈥� AP terminating on the same date as an existing AP shown on the screen.
You then use Function MAPD again to change the 鈥榙ummy鈥� AP and add the final AP to the record as follows:
01/01/2023 to 31/12/2023
01/01/2024 to 31/12/2024
Remember that if the accounting period ends in February you should end the period on 29/02.