Have you defined your next fiscal year?

Just a heads up for those of you that have your fiscal year set up to end today (6/30), make sure that you have your next fiscal year setup. If tomorrow comes and a new fiscal year is not setup, all users will receive the message “Data could not be saved. Post date must be in an open period.” when trying to add any new transactions: donations, ticket sales, etc.

Be proactive and make sure that future fiscal years are setup.

To do this, ask an individual at your organization that is assigned the Accounting Manager role to do this:

1. Go to Administration and select General Ledger Setup

2. Click on Define Fiscal Years.  Ensure future fiscal years are setup.  If not, continue to step 3.
3. Click Add Next to set up a new fiscal year.

4. Enter a name for the fiscal year.

5. Enter a description.

6. Select the number of periods for the fiscal year.

7. Click Auto-complete if your periods are broken down into a simple month format OR fill in the end dates of each period.

8. Click Save.

Visual learner? Check out this video.

I recommend repeating this a few times to create your next few fiscal year periods.

If you have any questions or need assistance, let us know!