Past or future financial years can be added and their lengths can be edited in the Accounting Periods section of the Administration menu:
The following functions can be found on the page:
Function Description
Company | This function is used to define financial periods for each unit or cost center. If the same financial years are used throughout the organization, select All. |
Add (plus icon) | This function is used to add a new financial year to the list by clicking the icon on either the first or the last month. The length of the financial year can be specified by entering the number of months in the box. The length of financial years already in the list can be changed by clicking 'Edit' on the desired financial year in the list and editing the number of months. |
Delete (trash can icon) | Financial years can only be deleted from the beginning or end of the list. To do this, click the trash can icon on the desired row. |
Latest Actual month | The program asks you to specify the last actual month so that it can distinguish between actual and planned financial years. This is especially important when making forecasts. The month and year are separated by a dot as shown. |
Always remember to click 'Save' at the bottom of the page when making changes, otherwise the changes will not be saved.