If the profit figure from the previous year is causing your current year’s financials to be out of balance, you will need to re-roll the prior year’s financials.
Log in to HandiLedger and Select the entity and the out-of-balance year.
Go to View, Transactions.
Look for a Y in the Opening column, highlight the entry, and click Delete. (This entry is automatically generated and will recreate itself when you roll over in the steps below.)
Close the transactions window.
Go to Entity, Prior Years Accounts.
Go to Entity, Open Closed Year and OK.
Go to View, Transactions.
Locate and delete any additional transactions with a Y in the Closing column, highlight the entry, and click Delete.
Go to Tools, Verify Accounts, click Start. Close.
Go to Entity, Close Years Accounts. Follow the prompts to close and roll over.
Check the financials for accuracy.
Warning: If you have new depreciation schedules and budget forecasts, you will not want to overwrite them in the rollover process.