Reopening a Closed Financial Year

  1. Click on “Accounting” from the main menu.
  2. Click on “Accounting Settings”.
  3. Click on the card labeled “Financial Periods”.
  4. Click on the arrow to the right of the current fiscal year.
  5. Select “Cancel” from the menu.
  6. Click on “Yes” when the confirmation message appears.
    • The system will cancel the current fiscal year and reopen the previous fiscal year.
  7. Repeat the steps to reopen the desired fiscal year.