Close a Fiscal Year

Overview

When a fiscal year comes to an end, it needs to be closed. And the process is executed from this screen.

 

Navigation

Admin ► Common Entities ► Fiscal Years & Periods ► Close a Fiscal Fiscal Year

 

Close a Fiscal Year screen Fields

FieldDescription
Fiscal YearThe fiscal year to be closed is selected.
Rollover Fiscal periodThe period to which the balances are carried forward.