Lending and Investment EOY Processing

End Of Year Processing
finPOWER Connect Logo-975
Stage One - Opening a New Financial Year 2020
Prior to the beginning of April (for financial year ending 31/03/2019), a new financial year will need to be opened, below are instructions on how to do this.

In finPOWER Connect go to:
  • Admin
  • Entities
  • Click on the binocular icon and select the entity by clicking on the 3 dots
  • Select the edit (pencil icon)
  • Select Accounts page
On both the Account Opening Date and Transactions calendars:
  • Check the "BEGIN DATE" and change to 01/03/2019
  • Check the "END DATE" and change to 31/03/2020
  • Select the Save disc and save changes
This ensures that you can post from 1 March 2019 to 31 March 2020.

The last month of the previous financial year is still open for adjustments.

FPCopenDates2020

fin-72
Stage One - Opening a New Financial Year 2020
Prior to the beginning of April (for financial year ending 31/03/2019), a new financial year will need to be opened, below are instructions on how to do this.

In finPOWER go to:
  • Tools
  • Global Options
  • Calendar
    • Check the "CLOSED DATE" and change to 01/03/2019
    • Check the "OPEN DATE" and change to 31/03/2020
  • Click Apply and OK
This ensures that you can post from 1 March 2019 to 31 March 2020.

The last month of the previous financial year is still open for adjustments.
FinpowerOpendates20-834
 
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Closing a Financial Year
finPOWER Connect Logo-975
Stage Two - Closing a New Financial Year 2019
Following the completion of your loans and postings for the 2019 financial year, you will need to close your calendars.

In finPOWER Connect go to:
  • Admin
  • Entities
  • Click on the binocular icon and select the entity by clicking on the 3 dots
  • Select the edit option (pencil icon)
  • Select Accounts page
On both the Account Opening Date and Transactions calendars:
  • Check the "BEGIN DATE" and change to 01/04/2019
  • Check the "DISBURSEMENT DATE" and change to 01/04/2019
  • Check the "END DATE" and change to 31/03/2020
  • Select the Save disc and save changes
This ensures that you can post from 1 April 2019 to 31 March 2020

FPCdates2019
fin-72
Stage Two - Closing a Financial Year 2019
Following the completion of your loans and postings for the 2019 financial year, you need to close your calendars.

In finPOWER go to:
  • Tools
  • Global Options
  • Calendar
    • Check the "CLOSED DATE" and change to 01/04/2019
    • Check the "OPEN DATE" and change to 31/03/2020
  • Click Apply and OK
This ensures that you can post from 1 April 2019 to 31 March 2020

The last month of the previous financial year is still open for adjustments.

finPOWERDates2019

btn contact

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Phone: 03 693 1121
Email: office@hhaassociates.co.nz

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Phone: 03 693 1121
Email: office@hhaassociates.co.nz

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