Forum Message

Extended Financial Year End Guidance

Hello
Can you advise if there is any way to have an extended year end, followed by a shortened period?
My Client's accountant has decided to extend the financial Year End to 15 months following the recent coronavirus shutdown.
I therefore need to produce figures for 15 months ending 30-6-20 followed by figures for 9 months ending 31-3-21.
Thanks,
Kate


Posted by Kate Russell on Sep 14, 2020 1:00 PM BST

Hi Kate,

In Solar Accounts the financial year is always 12 months. However, this
only really has any effect when you view a report like Profit and Loss and
set the report period to 'Current Financial Year'. Instead, set the report
period to 'Custom' then enter a 15-month or 9-month date range. Later when
you start the new financial year just change the date in the New Start Date
field to be 9 or 15 months from the previous start date.


Posted by Solar Accounts Customer Support on Sep 14, 2020 1:15 PM BST

Thanks Mark


Posted by Kate Russell on Sep 14, 2020 2:40 PM BST