accounting period

Question asked by Dipak Radia 11 years ago

My client's accounting period is 01/11/2013 to 31/10/2014.
I need to convert my client to Clear Books as at 01/01/2014. What accounting period dates do I enter?
Thanks

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3 Replies

Hi Dipak,

I would suggest either entering his accounting period starting on 01/11/2013 and creating past invoices or an accounting period starting from 01/01/2014 and ending on 31/12/2014 then editing your opening balances from 'Settings > Getting started'.

I hope this helps.

Kind regards,
Juan

Best answer
11 years ago

Hi Juan
Thank you for your reply however as the accounting period end is 31st October 2014 would it not cause an incorrect year end if I make the ending date as 31st December 2014?
Thanks
Dipak

11 years ago

There's no need to worry about this. It shouldn't cause an incorrect year end.

All the best,
Juan

11 years ago

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