Forum Message

New Financial Year

Hi, could you tell me if you need to do amything in solar accounts to roll over the financial year to a new year ?


Posted by Andrew Moss on May 26, 2010 4:02 PM BST

Hi Andrew,

Once you have entered all your transactions for the financial year, click menu Setup > Financial Year > Start a new financial year. This will transfer the balance of the income and expense accounts to the Retained Earnings account. Note that this doesn't have to be done immediately - you can it any time after start of the new year.

Cheers,


Posted by Mark McLaren (Solar Accounts) on May 26, 2010 6:20 PM BST