User can create or set the Financial year of the Organization in it.
A Financial Year is a period of twelve months, used by government, business and other organizations in order to calculate their budgets, profits and losses. Financial year is often used in business to compare with the calendar year.
Accoxi is most modern accounting software that provides easy and deliberate results for accounting. It provides the function of Financial Year settings and user can create or set the Financial year of the Organization in it.
Click on the Settings menu on the top right side of the page. Then list of settings tab will open.
Select the option Financial Year from Accounts head, then it opens to Financial Year page.
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Fields |
Description |
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Create New financial year |
This menu is to create new financial year of the Organization. When clicking on the menu, a validation message will appear on the screen.
To create a new Financial year, user need to click on the Yes option. Then another message will popup on the screen.
User need to any one of the option to create new financial year. If the user wants to auto restart the voucher, click on the Yes option from the tab or if it is no need, then click on No.
After set the voucher options, another validation message popup on the screen, with the message of successfully created the financial year, then click on the Ok option
Then a new validation message will appear on the screen. If the user wants to set the created financial year as the current financial year, click on Yes option and if no need to change, then click on No option. |
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Refresh |
If the latest data is not displayed, click on the refresh icon on the top right corner of the page to fetch the new data.
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Financial Year start date |
It shows the starting date of the financial year. |
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Financial year |
This field shows the financial year range, that is starting year to the end year. |
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Financial Year Closed |
It shows the status of closed financial year. |
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Action |
Action column includes Current financial year and Set as Current financial year option. Current financial year is shows with a green color font and user can change the current financial year by clicking on the option Set as Current financial year.
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Undo Year close |
This field shows the status of changes that did after close the financial year. |
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Delete |
This menu helps the user to delete the un-wanted financial year.
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