: : Creating a New Accounting Period

Creating a new accounting period can be done at any time. Therefore it is not necessary to wait for the beginning of the year to create the accounting period. If you create it too early and that new accounts are created, you will then have to create them manually afterward.

You must create an accounting period per company.

The entry numbers are unique, you must therefore determine entries schedule per company.

  1. Go to Tools > Setup > General setup > Financial Accounting.
  2. Double click on Accounting periods > .
  3. Use the Number column to know the number of the first entry of your accounting period to create. E.g. for the current accounting period 12, you have the number 12005979, you will create the accounting period 13 with 13000000.
  4. Enter a code, start and end dates of your accounting period to open and enter the entry number that you entered in the first step, as the "biggest entry number".
  5. Save.

Akuiteo asks if you want to retrieve the closed accounts in the new accounting period. Answer No if you do not want to retrieve the accounts. When saving, Akuiteo will re-create the whole set of active accounts for the new accounting period, or the set of all the existing accounts if you answered Yes.