The Start Reporting Cycle allows you to change to the current fiscal year, then define the maximum numbers of barrels used in marginal determining tests, and the legal percent allowable by law by lease type prior to the execution of a new cycle.
You should only start a new fiscal year when you are finished with the prior year. You are not able to go backwards to print prior year depletion. Upon starting a new fiscal year you are in essence removing all prior year history in order to begin the next years depletion. The amounts from the prior year are carried forward to the beginning balance of the current year and cannot be undone. It is recommended that you print all reports for the prior year before beginning a new year as these reports are not available historically.