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Changing accounting periods from 12 month to 9 month and changing the start month of the next FY
Hello,
We need to end our Fiscal Year(FY) earlier at nine month instead of a full year and want to restart a new FY.
Our FY is from Nov 1st to Oct 31st. We need to close our FY at the end of July (9 months) and restart our 2022-2023 FY as of the 1st of August.
When we try to Set Up a Full Year in Manage Accounting Periods, we get the following message:
Illegal period structure. Date 2021/11/01 is in multiple periods in Fiscal Calendar Standard Fiscal Calendar
Thanks in advance for your help.