How to Change Financial Year in SwilERP
Why Change Financial Year.
Generally, an accounting period is from 1st April to 31st March. Hence, on 31st March closing of the accounts is done, new books are started for the new financial year, and the balance is carried forward to the new financial year. If the user wants to make any changes in the last financial year, they can do it with the help of the change financial year option. The process of changing the financial year is effortless. In the SwilERP Software, there is an option in the System section to change the Financial Year.
- To change the Financial Year, click on the System menu.
Select System Maintenance > Change Financial Year.
After that the Change Financial Year window will appear :
To Change Financial Year, follow the below easy steps:
- If the user wants to change the Financial Year for all users, then a tick mark is in it.
- Double-click on the financial year you want to change to the particular user.
- Users can do any transaction or modification after changing the Financial Year.
Change Financial Year