Relius 15.0

[Guest Amishcountry]

Does anybody know how to switch from Daily Valuation to Balance Forward during a Plan Year(2011) My firm was using Daily Valuation until March 2011(they outsourced this to another firm to do the Daily admin) I have gain losses and contributions that posted until March 2011, and need to reverse them?

[Tom Poje]

I'm going to guess the accounts are set up for 'share' accounting.

to me that would then make sense to reverse any transactions.

change the account investment to a cash account investment.

then processing/compute beginning balances to set the units = beg bal $

of course, if you have multiple accounts/investments that would seem to be a lot of work.

I guess you could also set up 1 cash account (per source) and transfer all $ to that account at any point in time, and then run averything to that investment from this point. That would seem easier.

just grasping without knowing more details of how things are set up and what has been done.