How to "Open New Year"

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How to Open New Year

Management approval is mandatory to proceed

To open a new year, go to Menu > Finance > Maintenance > Open New Year.

Select the company for which you wish to open the new year.

Now select the desired year from the drop-down list and click on "View Logs". This would show a log that contains information about when the last new year was opened and by whom, etc.

Now click "Open New Year" and follow instructions.