Set up your fiscal year

The dates your reports and closing are based on.

A fiscal year tells Prospera Books which dates belong to which financial year. Reports, budgets and year-end closing all use it.

1. Open fiscal years

   Type Fiscal Year in the search bar at the top of any screen and press Enter. Select Add Fiscal Year.

2. Name the year

   Enter a Year Name, for example 2027.

3. Set the dates

   Enter the Year Start Date and Year End Date. Most companies use 1 January to 31 December.

4. Link your companies

   Under Companies, add each company that uses this year.

5. Save

   Select Save. Create next year's fiscal year before the new year starts, so documents can be dated in it.