Location: Accounts Production Dashboard > Select Client > Settings > Accounting Periods
Here you can add and manage Accounting Periods. To add a new Accounting period, you need to click on the ‘+Accounting Period’ button available on the upper left navigation.
The from and to periods show the starting and ending dates of the accounting period. The status shows whether the accounting periods are locked or unlocked. The Action drop-down allows you to delete an accounting period also you may cease a particular accounting period.
Add Accounting Period
To add an Accounting period, you need to click on Add Accounting period button. A pop-up appears where the system will automatically generate a period (current or prior) based on the previously created period. If this is the first Accounting Period you are creating, both From & To dates should be given. You may also lock the previous period and tick the checkbox if the company has ceased.
Click here to watch how to create an accounting period