Delete a financial year

It is possible to delete a financial year, but you can only delete the latest financial year and the following conditions also need to be fulfilled:

  • No posted journal entries

  • No manually posted journal entries that have been deleted

  • No journal entry drafts

If you have journal entry drafts you must delete them first, before you can delete the financial year.

  1. Select the latest financial year from the list under Settings - Financial years and OB.
  2. Choose Edit.
  3. Select Delete and in the dialogue that appears, select Delete to permanently delete the financial year.

When you delete a financial year you are allowed to have sales and purchase invoice drafts registered, as long as the conditions above are fulfilled.

Related topics

Financial year and OB settings