The fiscal year is the financial accounting period of twelve months. Users with the required Permissions can set the fiscal year according to their agency's policy.
Steps to Configure the Fiscal Year
Click Administration > System Configuration > Fiscal Year to display the Fiscal Year screen as shown below
Enter information in the fields described below per your agency's policy
Field | Description |
Fiscal Year | The period between October 1st and September 30th. |
Fiscal Year Starts | The month and date the fiscal year begins. |
Fiscal Year Ends | The month and date the fiscal year ends. |
3. Click Save. A verification message displays
Read the content of the message carefully, then click OK to save changes. A verification message will display asking if you'd like to save the changes Click OK to continue
After clicking OK, a confirmation message appears stating that the settings were saved successfully. Click OK to close this message
NOTE: Changes in the fiscal year will be reflected in the Request number format. For example, if you select 2022 as the fiscal year, October 1, 2022 as the start date, and September 30, 2023 as the end date, all Requests received before October 1, 2022 will have a Request number starting with 2022, as the period falls ahe ad of the fiscal year.