1. How to do "Year-End Process" in AccountsEasy OnCloud?
Answer: Go to AccountsEasy OnCloud → Tools → Year-End Process, select Location Name - HO, Tran Year - 2024-2025, Profit & Loss Ledger, Force YEAR END - Y (YES), and click Run Year-End to complete the process.
2. Can the Year-End Process be done later in AccountsEasy OnCloud?
Answer: Yes, you can perform the Year-End Process at any time after completing it for HQ.
3. Why is the customer outstanding not showing after the Year-End process?
Answer: If edits were made after the Year-End, they may not have been reflected. Perform the Year-End process again from the outlet location in AccountsEasy.
4. Why is the supplier outstanding not showing after the Year-End process?
Answer: Similar to customer outstanding, if edits were made post-Year-End, re-run the Year-End process from the outlet location.
5. How to check if the Year-End is completed in AccountsEasy OnCloud?
Answer: Open any transaction screen (e.g., Journal Entry) and check the top-right corner for 2024-2025.
6. How to check the Ledger Report?
Answer: Go to Reports → General Ledger, select the outlet and financial year.
7. How to check the last year's closing balance and current year's opening value?
Answer: Use the Tran Year filter option in AccountsEasy OnCloud reports.
8. Can expense entries be carried forward?
Answer: No, expense entries will not carry forward.
9. When will the last year's gross loss be reflected in the current year?
Answer: Check under Reserves and Surplus Ledger in the Ledger Report.
10. Will new voucher numbers be generated after the Year-End process?
Answer: Yes, voucher numbers will start from 1 in the new financial year.
11. Can modifications be made to the last year's entries?
Answer: Yes, modifications are allowed. After making changes, re-run the Year Begin Process at the outlet or HQ level as needed.
12. Why is the Year-End not applied to some ledgers?
Answer: Check if the ledger is an expense ledger or if modifications were made last year. Re-run the Year-End Process if needed.
13. How to modify the Opening Balance in AccountsEasy OnCloud?
Answer:
Voucher Entry → More → Opening Balance Entry
Load the Ledger Name, enter the Value (Credit/Debit), and press F6 to save.
14. How to enter the Opening Balance in AccountsEasy OnCloud?
Answer:
Voucher Entry → More → Opening Balance Entry
15. How to set Supplier and Customer Outstanding Value to zero?
Answer: Contact the Support Team.
16. Why am I getting an error message: "Invalid Financial Year or Voucher Date not within the Financial Year"?
Answer: Ensure you are entering data within the correct financial year.
17. What is the Year Begin Process?
Answer: It carries forward the last year's closing balance as the current year's opening balance.
18. What is the Financial Year Begin and End Date for 2024-2025?
Answer: 01-04-2024 to 31-03-2025.
19. Can last year's entries be edited?
Answer: Yes, but after making changes, the Year Begin Process must be re-run.
20. My opening and closing balance values do not tally. What should I do?
Answer: Check the Year Begin Process and identify any non-matching ledger entries.
21. How to skip last year's AccountsEasy OnCloud HQ location details and start fresh?
Answer: If you want to start fresh, do not run the Year Begin Process. Instead, select the current financial year (2024-2025) and begin transactions. Old data will not carry forward.
If you have any issues or doubts regarding the AccountsEasy OnCloud Year Begin Process, please reach us through Live Chat:
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