Close Current Financial Year
Close Current Financial Year
This Form is very useful when user want to close financial year and start a new financial year.
- It will transfer closing balance of accounting ledgers and student ledgers to next year.
- Before closing financial year please ensure 'Master Fee Structure' and 'Fee Receipt Plan' for next year as it will auto apply to students
- Click on 'Start' button to close the financial year, It will create a folder for previous year and refresh data for current year.
- User cannot close financial year before end date of current financial year.
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