Closing the Fiscal year

SapotSapot Member Posts: 50
I have an issue where in the fiscal year is set from July to June in Navision but the accounting wants to know if its possible to close the books from April to March keeping the same fiscal year.

Like the fiscal year defined would be July08 - June 09 but would like to close from April 08 to March 09. Can we do this if so how can we do it :idea:

Comments

  • ssinglassingla Member Posts: 2,973
    Define a fiscal period for April to June and July to March. Use combination of period to do the reporting as per Indian scenario and other reporting requirement.
    CA Sandeep Singla
    http://ssdynamics.co.in
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