Configure week-based financial periods
In Visma.net ERP, you can configure a financial year with weeks as financial periods by using the Räkenskapsår (GL101000)window.
Configure a financial year
- Go to the Räkenskapsår (GL101000)window.
- In the Start financial year field, specify the start date of the first financial year in which your company wants to keep records in Visma.net ERP.
- In the First financial year field, review the first year based on the start date.
If you want to change the first financial year, change the start date, as described in Step 2.If you plan to start recording operations at the very start of the financial year, select the previous year as the first financial year.
This will allow you to enter initial account balances in the period before the first period of actual transactions.
- Make sure the Belongs to next year check box is cleared if your financial year gets its name from the current year.
- To define periods, in the Period type field, select Week.
- In the Periods start day of week field, select the day of week on which periods will start.
- In the Year end calculation method field, select one of the following options, which will be used to define the end of each financial year:
- Last day of the financial year:
To add an additional (53rd) week-length period if the last period ends four or more days earlier than the financial year ends.
If the last period ends less than four days earlier, no additional period will be added. - Include last <Day of week> of the financial year (here, <Day of week> is the day of week that is the last in your week period):
To add an additional (53rd) week period if there is a complete week between the end day of the last period and the end of the year. - Include <Day of week> nearest to the end of financial year:
To add an additional period if the last period ends four or more days earlier than the financial year ends.
- Click
.
Generate financial periods
- Go to the Räkenskapsperioder (GL201000)window.
- In the table toolbar, click
to add a new year.
- Click Generate periods.
The system will display the periods for the newly added year, which are generated according to the settings of the financial year.
Review the periods and the last date of the financial year.
- If the periods have not been generated as you expected, click
to remove the generated periods and return to the Räkenskapsår (GL101000)window to select another method of end-year calculation.
- If the periods have been generated as you planned, click .
