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As an administrator, you can create/close a fiscal year; and/or close or open a financial period in NexOne Office.

To do thisFor that, follow these steps:

1.Select Accounting > Fiscal Year

2.Choose the fiscal year you want to work on, and click on the pencil

3.Once the details of a fiscal year is opened:

  • Click on the open padlock to close the period

  • Click on the lock close to open a period

4.Click Close Fiscal Year

**Note: You may have to make regularization entries before closing your year. If so, click Year-End Scriptures and follow the steps

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