Fiscal Years and Periods
Multiple fiscal years allow use more than one year or period at time
Opening and Closing
- Close year and period after posting all entries
- Re-open closed fiscal year and Period
- Allow creation of transactions only on opening periods
Periods
Divide your fiscal year depend on needs (Monthly, Quarterly, half year) and manage these periods by opening and closing and follow up transaction in each period and use to filter reports values
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