How to open a New Fiscal Year
- 19 May 2023
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How to open a New Fiscal Year
- Updated on 19 May 2023
- Contributors
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How do I open a new fiscal year?
Answer:
1. From anywhere in FIMS Select Tools
2. Select System Utilities
3. Select System Initial Setup
4. Click the posting tab
5. Top left box is where you will enter the new fiscal year.
6. Click G/L Active to activate the new year.
7. Click all the check boxes at the bottom that fit your organization's financial posting plan (G/L, A/P, FACTS System Controls & Batch)
8. Click OK.
2. Select System Utilities
3. Select System Initial Setup
4. Click the posting tab
5. Top left box is where you will enter the new fiscal year.
6. Click G/L Active to activate the new year.
7. Click all the check boxes at the bottom that fit your organization's financial posting plan (G/L, A/P, FACTS System Controls & Batch)
8. Click OK.
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