Since it is the end of the financial year, it is essential to take time out to review and reconcile accounts and make year-end adjustments before you begin the next year.
You can achieve this in multiple ways in Tally.ERP 9. You can easily and quickly close the books of accounts of a financial year, and move your company data to the next financial year.
In this video, we will demonstrate how you can move to the next Financial Year with Tally.ERP 9 :-
1. Change the current Period
2. Split company data.
3. Export closing balance of current financial year & Import the opening balance in to new company of current financial year.
4. GST Checklist for the Year End Process