The following article will guide you on how to create a new, delete and edit accounting period, it will also guide you on how to set a current period.

 Creating a new accounting period

  1. Click on Accounts Officer

  2. Select Accounts Setup

  3. Choose Manage Accounting Period

  4. Click on New Accounting Period

  5. Provide Period ID

  6. Choose Start Date

  7. Select End Date

  8. Make a Description

  9. Click on the Save button at the bottom as shown in Fig 1.1 below

Fig 1.1

Deleting an accounting period

Follow steps 1 to 3 in Fig 1.1 above

4. Select the accounting period to be deleted

5. Click on the Delete button

6. Press the Ok button as shown in Fig 1.2 below

      Fig 1.2

    

Editing accounting period

Follow steps 1 to 3 in Fig 1.2 above

4. Select the accounting period to edit

5. Click on Edit Accounting Period

6. Make the needed changes and click on the Save button at the bottom    

Fig 1.3

Setting as current period

Follow steps 1 to 3 as shown in Fig 1.3 above

4. Select the accounting period to set as current

5. Click on Set as Current Period

6. Choose the Ok button as shown below