The Company I work for is undergoing a transaction as to which one Private Equity Group will be purchasing us from our existing one. At the time of purchase, the general ledger will close and we will then be under new company. For example, if the transaction were to close on 12/7/2018, we would regularly close the month at 11/30/2018 and then there would be a stub December period in “old company” from (12/1/2018 to 12/6/2018). After that we would have a stub period for rest of the year under “new company” 12/7/2018 thru 12/31/2018. Is there any way to alter the financial calendar to add another period after the ledger calendar was created? For this example, we would want to add another period 12/1/2018 thru 12/6/2018.
Thanks