Changing Pastels Financial Year-End in the Middle of the Year
Changing Financial Year-End in the Middle of the Year
This document explains how to change the financial year in the middle of the year, for example if you need to run a year end in a company that has a February year end but has now changed its year end to June.
NOTE The dates and periods used in this documentation are examples only but the same procedure applies when changing the financial year in the middle of the year.
You can access this screen by going to Setup… Periods.
You can change the number of periods to 4 (as an example) and deselect the option Use Last Period as First Period of Next Year IF your periods are NOT GRAYED OUT, you can change the periods.
Please ensure that you have a valid backup of your current data and that all batches have been updated before changing the periods.