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Former Member

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 . . . 

Reagrds,

Nitin

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1 Answer

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    Former Member
    Jan 03, 2013 at 10:24 AM

    Dont worry. It wont have any impact. Where ever Financial document number are used, serial number will start as per the number range maintained and in excise serial numbers will be as per the number range maintained. No impacts.

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