The Close a Year Backout feature allows you to reopen a previously closed year. It allows you to post to a close year and make corrections as needed. This process is needed if you want to change the balance of P&L accounts after the year end close, because when you run this it will put everything back so you can POST the year end closing entries again with the new updated balance.
The upper section of the screen allows you to select the specific year you want to reopen.
The lower section shows a summary after backout has been completed.This indicates the number of GL details deleted, records processed from GL Detail to GL Summary and confirmed that the backout has been completed.