Skip to Content
0

New Financial Year

Feb 17, 2017 at 08:16 AM

62

avatar image

Hi Team,

Before entering new financial year, what are all the things we have to do??

10 |10000 characters needed characters left characters exceeded
* Please Login or Register to Answer, Follow or Comment.

4 Answers

Nagarajan K Feb 17, 2017 at 09:26 AM
0

Hi,

1. Locked your previous posting period

2. Run year end closing procedure if not done before.

3. Add new financial period.

Regards,

Nagarajan

Share
10 |10000 characters needed characters left characters exceeded
prabakaran R Feb 21, 2017 at 10:20 AM
0

Hi,

1) I have done year end closing procedure, before entering this financial year....this has to be done every year right???

2) Already planned for posting period & document numbering..

3) Is there anything we have to do except the above points?????

Share
10 |10000 characters needed characters left characters exceeded
Nagarajan K Feb 21, 2017 at 01:39 PM
0

If you follow year end closing procedure, then other points.

Share
10 |10000 characters needed characters left characters exceeded
Rizki Wicaksana Feb 23, 2017 at 01:20 PM
0

Hi,

It is enough four you, if you don't use fixed asset module.

if you use fixed asset, you need to do fiscal year change to transfers all the asset depreciations and balances from the current fiscal year to the new fiscal year.

Regards,

Rizki

Share
10 |10000 characters needed characters left characters exceeded