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
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This will take the selected year and Create the next financial year period.
Click yes to continue
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Enter the End date of the next financial year
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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 fiancialfinancial year and months.