Deleting a Financial Period
You can delete an open financial period from the account if it was created by mistake or if you want to reset its range from the beginning.
Before You Begin
- Deleting a financial period requires the “Manage Closed Periods” permission.
- Deletion is only available for financial periods with an “Open” status — closed periods do not show a delete option.
Steps to Delete a Financial Period
- Click on the “Accounting” menu.
- Click on “Accounting Settings”, then navigate to “Financial Periods.”
- Click “Delete” next to the open financial period you want to delete, or open the period view screen and click “Delete.”
- A confirmation message appears — click “Confirm” to complete the deletion.
Validation Rules
- Closed financial periods cannot be deleted — the “Delete” option does not appear for them.
- When attempting to delete a financial period that belongs to a branch other than the one it was created from, an error message appears indicating that the action can only be performed from branch [branch name].