Manage fiscal year, Essential setup - Websol Muhasib ERP

Define a Fiscal Year in Websol Muhasib ERP

Websol Muhasib ERP allows you to create and manage your fiscal year in your software. In the Fiscal year owner defined the one year of software by giving the start and end date of the year. This will help business owners to maintain their software yearly. 

 

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Create Fiscal Year

To set up your fiscal year here are the steps to follow:

Step 1. Log in to the system and access the Main Back Office user interface.

Step 2. Find the User Profile Button on the left-middle grey strip, and click on the user profile button.

Step 3. User profile windows appear on the screen, click on the "Essentials Setup" button.

Step 4. On the appearing "Essentials Setup" window, the "Day-End Transactions" section is shown on your screen.

Step 5. On the tab bar, click on "Setup And Maintenance". 

Step 6. At the left of the appeared window, click on "Manage Fiscal Year"

Step 7. On the Fiscal Year Setup window, give the following information

 

Manage Fiscal Year

In the Manage Fiscal Year, you define the yearly period of the software

  • Give the Start Date.
  • Give the End Date.
  • Enable the "Currently Active" label.
  • Give the Description.

Step 8. On the left, click on the Save button (message box appears "Record has been Updated successfully").

Step 9. Close the window.

 

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