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Financial Periods Setup

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Systems Configuration > Administration> Financial Periods Setup

Highlight the current year

Click On Extras tab and select from the drop down

Select “create New year” Function

 

 

 

This will take the selected year and Create the next financial year period.

Click yes to continue

 

 

 

Enter the End date of the next financial year

 

 

 

 

Amend The Name Of the created new year to reflect the changes.

 

Rename the description

 

 

 

Next Select the Periods Tab

 

And amend the Name column to match the dates.

 

When that process is done save and close and you are ready to post to the new fiancial  year and months.