Changing the ABN number changes the ABN number in old transactions

Legacy KB ID: 3605

Question

I have entered a new ABN number in my company file which takes effect from today, but now all past transactions show the new number rather than the old number.

Answer

Reckon Accounts does not store the ABN number with transactions but keeps it in a field that transactions and processes can access when needed.  Your company file can only have one ABN number. 

Users should first consult their accountants for advice on how their old records should handle the ABN change. 

If the ABN number change is merely correcting an error, then the change is desirable and no further action is required.

If it is necessary to maintain the old transactions with the old ABN number, then a new company file should be started.  The old file can retain the old ABN number.

If you change the ABN number in the existing company file and later need to print a transaction with the old ABN number, change the ABN number in the Company > Company Information > Company Registration > Tax Rego ID field to the old number, print the transaction, then change the ABN number back to the new number. 

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