Managing the fiscal year

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

To do this, follow these steps:

Select Accounting > Fiscal Year

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

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

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

To create a new fiscal year, you can click Create; fill in the fields then Save and close