Financial Years

The Financial Years tab is where the FY can be configured for your Company. In order to do this, follow these steps:

  1. Navigate to the Financial Years Tab in Oval Administration.
  2. Click on New.
  3. Enter the Financial Year Name .
  4. Select the status.
  5. Enter the Start and End Dates.
  6. Select the Pattern for this Financial year from the options ; Calendar Months, Calendar Quarters, 4 Calendar Weeks.
  7. Click on Save.

Once you click on save, the Accounting Periods will be automatically setup based upon the Pattern selected.

End of Article.