Create Accounting Years

Use the Accounting periods submodule to create accounting years.

To use the Accounting Periods submodule, you must have access to Finance & Administration as defined in the User Access Rights submodule under Settings.

To create an accounting year:

  1. On the main toolbar, click Finance & Administration .
  2. If you have more than one company in your system, use the drop-down list above the left pane of the Finance & Administration screen to select the company for which you want to create an accounting year.
  3. In the left pane of the Finance & Administration screen, click Month-end > Accounting periods.
  4. On the grid toolbar, click Create accounting year .
  5. In the Create accounting year dialog box, enter a Fiscal year name and identify the End date for your accounting year.
  6. Click OK.