...

To populate the information about a financial year select it from the year drop down list.

Auto-create of Financial Years

After a journal is saved, if the latest created financial year for the journal ledger host company ends less than a year after the journal date then a new financial year will be created for the year following

1. GL Control Configuration form (Admin menu, Finance, GL Control Accounts), GL (Advanced) tab:

   1. New field ‘Financial Year Name Format’.

   2. Name will be converted to upper case.

   3. Key strings in the format will be replaced:

      1. {SY} will be replaced with the 2 digit calendar year that the financial year starts in, e.g. 2021 = 21.

      2. {SY4} will be replaced with the 4 digit calendar year that the financial year starts in, e.g. 2021.

      3. {EY} will be replaced with the 2 digit calendar year that the financial year ends in, e.g. 2022 = 22.

      4. {EY4} will be replaced with the 4 digit calendar year that the financial year ends in, e.g. 2022.

   4. Other characters will be left unchanged, e.g. if the financial year ends 30/6/2022 FY{SY}{EY} = FY2122 or FY {EY4} = FY 2022.

2. After a journal is saved, if the latest created financial year for the journal ledger host company ends less than a year after the journal date then a new financial year will be created for the year following the latest created financial year, using the name format shown above.

To create a new Financial year

...

Opening Balances

Usually created by Upload or Import a General Journal from Excel

Cross Period Explorer Tab

...