Question asked by Pete 7 years ago
My accountant is extending my initial tax year by 3 months. The company started in April 2016, but the year end will be Jun 2017, and from then on June to June.
How do I deal with that initial 15 month year in Clearbooks?
Thanks
Hi Pete,
If you can navigate to Settings > Accounting > Periods. From this page, you can set you accounting periods. I am assuming that this is your first period, only 1 period should currently exist so you will be able to edit that to extend it to cover the 15 month period.
If this is not the case and you have multiple periods set up in advance, then you will need to delete all the future periods till your back to the first which will enable the edit feature.
Thanks, Theo
Best answerThe problem is the period is already there, April 2016 to end go March 2017. I can unlock it but cannot edit it to be April to June.
Hi Pete,
You are required to remove the future periods, by selecting the cross in the "Options" column. Only once you are down to the initial period is it possible to then edit that time frame.
Deleting the accounting periods does not remove any of the transactions made during that time.
Thanks, Theo
Thanks Theo, that makes sense
You must 