About posting to period 0

When you want to enter the startup balances and invoices for a new company or when you want to adjust the beginning balances for a company, post to period 0. Period 0 is not part of the fiscal year. Therefore, Sage 100 Contractor does not include transactions posted to period 0 in any year-to-date reports.

Tip: Sage 100 Contractor posts the transactions to the selected fiscal period until you change the period again or close the window.

When you post to the asset or liability accounts in period 0, Sage 100 Contractor adjusts the beginning balances. If you post to income or expense accounts in period 0, Sage 100 Contractor adjusts the beginning balance of the Retained Earnings ledger account because income and expense accounts do not have beginning balances.

Posting to period 0 does not affect the data in your archive company. Change archive company totals by opening the archive company and making changes directly. When you change data in an archive, back up the archived data. (We recommend making two backup copies.) The archived records are your permanent records.