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Former Member
Jan 03, 2013 at 08:32 AM

Financial year start in January and excise year start in April


Hi All,

We have set the financial year as January to December.
And we have maintained all the FI number ranges for new financial year (starting in January – 2013).

On the other hand, we have set the first month for excise as April.
And we are using the excise number ranges on April to March basis.

As our financial year starting in January and excise year is starting in April; will it have any negative impact ?

Please share your valuable inputs . . .