How the fiscal periods work
Fiscal periods in CashCtrl are like brackets enclosing a { specific section } of accounting.
Accounting in CashCtrl is like a continuous, chronologically sorted string.
Please enter a search term.
Error ~ No results could be loaded.
Fiscal periods in CashCtrl
Fiscal periods in CashCtrl are clear and easy to follow. They can be created independently and individually and can also be managed for overlong or short years.
Content
- Manage fiscal periods
- Add new fiscal period
- Edit or delete existing fiscal period
- Close fiscal periods (year-end closing)
- Reopen a fiscal period
- Make adjustments and close again
1. Manage fiscal periods
Book entries can only be created if they fall within an existing fiscal period. The periods of an fiscal period can be very different.
Longer financial years are just as possible as shorter ones. The only condition for fiscal periods is that all periods are consecutive and there is no gap.
The fiscal periods dialog is opened by clicking on the calendar Manage or via Settings Fiscal periods.
2. Add new fiscal period
A fiscal period is created by clicking on Add. Here you can choose between:
- Previous fiscal period
- Next fiscal period
- User-defined fiscal period, where the period can be defined individually
3. Edit or delete fiscal period
The duration of an existing fiscal period cannot be adjusted, only the name. If the period of the existing fiscal period is to be adjusted, a new fiscal period must first be created and then the old one deleted.
A fiscal period can only be deleted if it does not contain any entries or if the period of the entries is covered by another fiscal period.
4. Closing fiscal periods (Year-End Closing)
If a fiscal period is closed, all documents and bookings contained in it are fixed and can no longer be changed. However, a fiscal period can be reopened or unlocked at any time.
5. Reopen a fiscal period
Should adjustments still be necessary after the year-end closing, a closed fiscal period can be reopened at any time.
To do this, the closed fiscal period is selected at the top right and reopened via Reopen after a short prompt.
If months have also been closed, the month in which the booking is to be corrected must also be unlocked again.
6. Make adjustments and close again
After all adjustments have been made, the fiscal period can be protected from changes as usual at the top right via Close.
Important
The postings for the annual financial statements, such as profit/loss appropriation etc., are not deleted by a reopening. The year-end postings should therefore not be carried out again if a reopened accounting period is closed again. Unless the adjustments change the accounting with regard to profit / assets / foreign currencies, then the existing closing entries must be deleted and posted again in the year-end closing dialog.
