How to "Open New Year"

Note: Opening new year must not be performed without the Finance Manager's approval

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.