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The financialyearis the mainreportingperiod in accounting.

Theannualaccountingstatementsreflectall the facts of the organization's businesslife that occurredduring the financialyear: the movement of assets,equityandliabilities,cashflows, the accumulation of incomeandexpenses, and the formation of financialresults.

Problem: How to change the Financial year starts

(for example, not from January to December, but from June to May), for Balance Sheet 

Question: как в программе поменять начало финансового года (например, с июня по май, а не с января по декабрь), чтобы Баланс (Balance Sheet) показывал период, отличный от календарного года:

Solution: Use Mutual Settlement and Other Expense document as shown below.

Answer: Необходимо установить дату начала у Entity:

Result: