Unlocking a Financial Year

To process the reverting / unlocking of a financial year, follow these steps:

1. Navigate to the Capital Settings page (Capital > Capital Settings).

2. This page displays the current financial year, as well as the most recently locked financial year (if any).

   Info

   The current financial year is defined as the period following the most recently locked financial year. If there is no locked year, the current financial year is calculated from the period of the first entry into the Financial Transactions Ledger.

3. To revert or unlock a previously locked financial year, simply click on the button labelled ‘Unlock for Finance Posting’ adjacent to the ‘Latest Lock Year’ label.

4. Confirm you decision in the popup dialog.

5. The financial year has now been reverted to the previously locked year.