I am getting ready to transfer prior year FAM clients to FAM 2023. 

How can I tell if the prior year was closed and ready to transfer? When I open FAM 2022 and open a client file and click on File, Client Information, and Dates, the current year shows 1/1/22 - 12/31/22. But that doesn't tell me that the file was closed and ready for the transfer to next year.

Also, when I transfer a prior year client file, it asks if I want to prepare the client for next year during the transfer. Last year I selected no because I have additions and disposals to record for the current year.

It seems that if I select yes, then the current year will be closed and ready for the following year. Therefore, not allowing me to enter additions and disposals for the current year. Am I misunderstanding the question?

Should I select yes and will I still be allowed to enter additions and disposals?

Thank you.