Setting up and Configuring NEOSYS Finance System

Financial Reports Access

Configuring access based on Charts

Inorder to block access of other users in a group to not to able to do Financial Reports on certain ledgers, we can configure the Authorisation File for the same:

Menu > Support > Authorisation File

Add task id - FINANCIAL REPORT ACCESS "GL" (where GL is the chart code you want to lock)
Give suitable Lock
Add this lock as a key to the persons who are authorised to access Financial Reports for GL

Financial year

Configuring Financial year for new clients

For configuring the start of a new financial year for new client setups, we need to go to: Menu > Finance > Companies and enter the relevant number in the field - Financial Year.

The Financial year can be either

1 - starts January to December

or

4 - starts April to March

This has to be done initially before posting any transactions into the system.

Posting transactions

While posting transactions, there is a field 'Period' which actually means Financial Period.

There is nothing to worry about this while posting transactions for January to December.

But when you are posting transactions under April to March, you need to take special care here. The period should be 1/2007 for the 1st month of the financial period i.e. April, 2007 or 2/2007 for May 2007 and so on.

Likewise 12/2007 would be March, 2008 and respectively for every consecutive year.