Create Accounting Periods

Overview

Accounting Periods are required if you use GoldFinch to prepare financial reports.

Steps

Navigate to Company Setup, then click Create Accounting Periods button. GoldFinch will automatically create 12 Accounting Periods using months as the default accounting periods.

It is recommended to run this routine at the end of the year to create accounting periods for the next year.

Read GL Summary Management to turn on GL Summary.