Cause
This message will appear if you are trying to Create a New Year and the program notes that Exchange rate differences have not yet been entered.
Solutions
There are two solutions to solve this problem:
- Cancel the Create New Year command
- Create the exchange rate differences transactions.
- Once done, re-execute your command.
- Proceed with your Create A New Year regardless
You may now begin to record transactions for the new year, even if you have not permanently closed the previous year.- Close the previous year and create the Exchange rate differences.
- In the new year, use the Updating opening balances command (menu Actions) and report the final balances of the previous year as the initial balances for the current one.