End of financial year processes are integral to maintaining an accurate Jim2 database. We recommend that you complete a series of tasks when approaching the end of financial year.
A comprehensive checklist can be found in the End of Financial Year Process page.
Once you are ready to close a financial year, Jim2 provides an easy-to-use Close Financial Year Wizard.
Be aware that an end of financial year rollover is not reversible. Therefore, we strongly recommend that all checks have been completed, and that your accountant has approved the financial year rollover.
Jim2.Cloud clients will need to contact Happen Business to have us stop the cloud instance prior to closing the financial year.