Periods

Mera Open operate with up to 13 user-defined accounting periods per. financial year. Fiscal year can go across the calendar and months. Definition of the periods can vary from year to year and is indicated by a start and end date per accounting period. For each period is accompanied by a text describing the period eg. Month name . In connection with the updating of the periods of validation of the system to all year described so that no problems arise, for example. leap year.

Accounting wise, you can define the possibility of posting per account type for example. finance, debtors and creditors. In terms of system is this and last years open for entry with automatic maintenance of the opening balances.

In the context of year-end moving period of the description automatically