Home » Categories » Solutions by Business Process » Finance » Nominal and Cashbook

Close Previous Year - Cashbook

Datafile Software

Close Previous Year - Cashbook

As discussed previously the cash book covers two financial years – a current year and a previous year.You close the previous year once all postings and reports have been completed for that year, typically as you send the accounts of to your auditor or after they have sent you the adjustments to make.

To give an example – if your current financial year is 01/01/2006 to the 31/12/2006 then when you close the previous year you are closing the year up to 31/12/2005.

Reply ‘Yes’ to close the previous year when you select this option, ‘No’ to leave the year open.

Custom Fields
  • Release ID: Standard
Attachments Attachments
There are no attachments for this article.
Related Articles RSS Feed
Set Auto Expand Data Files - Nominal
Viewed 1970 times since Thu, Jun 28, 2012
Application User Facilities - Cashbook
Viewed 1764 times since Thu, Jun 28, 2012
Standard Update – Sales and Purchase Ledgers - Nominal
Viewed 1392 times since Thu, Jun 28, 2012
Nominal Ledger Configuration
Viewed 2032 times since Wed, Jun 27, 2012
Revalue a Nominal Account - Nominal
Viewed 2247 times since Wed, Jun 27, 2012
Comparatives Report - Nominal
Viewed 1715 times since Wed, Jun 27, 2012
Close Previous Year - Nominal
Viewed 1999 times since Wed, Jun 27, 2012
YEAR-TOTALS – Enter Comparative Year Totals - Nominal
Viewed 1287 times since Wed, Jun 27, 2012
Cash Book Configuration
Viewed 2033 times since Thu, Jun 28, 2012
Database Audit - Cashbook
Viewed 1999 times since Thu, Jun 28, 2012