Start New Fiscal Year

Steps to create a new fiscal year in Custom Vantage Office

  1. Click on the top menu Accounting > Fiscal Year Periods
  2. Click on the New button at the top left of the Fiscal Year Periods window.
  3. This will create a new fiscal year. Verify that the new year has the appropriate Fiscal Year, Starting Date and Ending Date.
  4. Click on the Generate button on the top of the screen and choose the appropriate periods.  Monthly is the most common.
  5. Click the OK button and the new periods will be created for you.
  6. Click on the Set Current button to make your new fiscal year the active current year.