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Change of Financial Year End

V
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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.

 

 

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Best answer by vkumar 20 May 2022, 18:00

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V
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Userlevel 7
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Hi @vivienkiong56 

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

Regards,

Vijay

 

VijayKumarU
V
Rank

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? 

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