How to Manage Fiscal Years

 

SETUP --> Accounting --> Fiscal Year 

 

 

 

Use the   NEXT   button until you arrive at the desired GL Company.

 

 

To Open a New Fiscal Year

• Click on New Fiscal Year
• Enter the start and End date for your Fiscal year.
• Click ok

To Open an Existing Fiscal Year

• You must open existing fiscal years in the order that they were closed.
  • For example in order to open 2018 Fiscal year, you must reopen 2019 first.
• Click on the year you would like to reopen.
• Click Open Fiscal Year.

To Close a Fiscal Year

• Click on the year you would like to close.
• Click Close Fiscal Year.
• A year end closing entry is created when a fiscal year is closed
  • To Find the entry simply search for it in the document finder

To Edit a Fiscal year

• Click on the year you would like to Edit.
• Click Edit Fiscal Year.
• Change the dates
• Click ok

To Delete a Fiscal Year

• In order to delete a fiscal year the year has to be open
• Follow the Steps above to open an existing Deal
• Click on the year you would like to delete.
• Click Delete Fiscal Year.