Through the Fiscal Years List page, you can add a new fiscal year, as well as view the status of the periods for each fiscal year; whether the status is opened or closed.

 

To do so, you need to go through the following:

 

• The name of the Company will be automatically displayed by the system;
• Select the Fiscal Year you wish to enquire about then click ; if you wish to add a new fiscal year, click . As a result, a new fiscal year is added in the Fiscal Year drop down list;
• Click on the Fiscal Year listed in the Fiscal Years List block to view the details of each fiscal year period. No transaction can be modified for a closed period; however, you may open a closed period to undo some transactions;
• In the Periods List block select the months you want by checking-in the checkboxes next to each month, then select the type of Transaction you want to apply (Close Period or Open Period);
• Click  to save the modifications done.

 

Related Topics

Close Fiscal Year