Generate Accounting Periods

To generate accounting periods:

1. Go to the section Periods

2. Press the three dots

3. Then press Generate Periods

4. Enter the values in the fields:

• Periods: Months
• Fiscal Period: The consecutive number of the month according to the company's fiscal year
• Fiscal Quarter: 3 months following the fiscal periods
• Calendar Month: The number of the month according to the calendar (For example: 1 for January)

Number of Periods: The number of periods (months) you want to add at this time (for example: 12 if you want to add a whole year)

Month of Fiscal Period 1: The first month of the company's fiscal year (for example: if the fiscal period is an even year, this should be 1 for January; if your fiscal period 1 is in September, this should be 9)

Start Year: The year of the first month you're adding

Start Month: The number of the starting month of the periods you're adding (for example: 1 for January, 9 for September)

5. Press Generate

In this example, we are adding the 12 monthly periods of 2022:

Next Step in setup guide

Delete Empty Accounting Periods

You can delete one or more accounting periods if they have no data in them.

• Only empty periods can be deleted.
• Periods with data (like journals) will remain protected.
• The delete option will only appear if the period is empty.

This makes it easy to fix mistakes—like creating the wrong periods—without needing extra help.

How to:

1. Go to Accounting Periods.
2. Select the period(s) you want to delete.
3. If the period is empty, the Delete button will be available.
4. Click Delete to remove the period(s).