To change an Accounting Year

In order to process transactions within the system an Accounting year must be created. Once you have created this you can go in and change it as necessary.

If you have originally entered your accounting year as 01.01.11 through to 31.12.11 and need to change this to e.g. 01.01.11 through to 30.06.11, or for a longer period - say a fifteen month financial year like 01.01.11 through to 31.03.12.

To change an accounting year:

1. Click on the Settings tab
2. Select the menu option Accounting Year from the left hand side
3. Click on New accounting year from the centre section of the screen
4. This will then show the next accounting year based on the one you have already created
5. Change the dates to your revised accounting year e.g. 01.01.11 through to 30.06.11
6. Click OK

Your new Accounting Year will appear in the listing area of your screen and the transactions you have already entered will remain in the correct periods.