Skip to main content
Solved

Change of Financial Year End

  • May 20, 2022
  • 2 replies
  • 320 views
  • Translate All
Freshman I

Client intend to move the financial year end from 31st March to 31st December to align with holding company.

May I know how and where to change the financial year and the implications and changes expected in Acumatica system.

Thank you.

 

 

Best answer by vkumar

Hi @vivienkiong56 

Please refer to following thread. Let us  know if you have further questions. 

Regards,

Vijay

 

View original

    2 replies

    Acumatica Employee
    Forum|alt.badge.img+12
    • vkumar
    • Acumatica Support Team
    • Answer
    • May 20, 2022

    Hi @vivienkiong56 

    Please refer to following thread. Let us  know if you have further questions. 

    Regards,

    Vijay

     

    Translate
    VijayKumarU
      Freshman I

      Currently client is using Fixed Asset and Deferred Revenue, so they unable to change financial year ended 31-Dec. The current financial period is 1-Apr-21 till 31-Mar-22 (FY=2022). Intend to change to 1-Apr-22 ~ 31-Dec-22 (9 months for FY2022), then FY 2023 from 1-Jan-23 ~ 31-Dec-23 (12 months).

      Can this be done? 

      Translate
      Terms & ConditionsAccessibility statement
      About Acumatica ERP system
      Acumatica Cloud ERP provides the best business management solution for transforming your company to thrive in the new digital economy. Built on a future-proof platform with open architecture for rapid integrations, scalability, and ease of use, Acumatica delivers unparalleled value to small and midmarket organizations. Connected Business. Delivered.
      © 2008 — 2024  Acumatica, Inc. All rights reserved