Modular Business Management & Payroll Software Solutions for SMEs

How do I create a new financial year?

Although Sybiz Vision has no structured End-of-Year process, you will need to create a new posting year every 12 months.

Do this from the General Ledger Ribbon, by clicking on the Utilities button, then choosing “Create New Financial Year”.

This will add a new year to the Period list, and remove the oldest year from the list.  You will still be able to view transactions and report on the year that is removed, but you will no longer be able to post back into any of those months.  Remember to then go to Period Maintenance, and make the required new periods available for posting by ticking “Allow”.