What is a non-standard fiscal year?
The default in Accountflow is that the fiscal year starts in January. If a company has a non-standard fiscal year, for example April to March, you must set this up so that periods, reports, and reconciliations match the accounting system.
The field that controls this is called Start month for fiscal year.
Step by step: Set up non-standard fiscal year for a new company
Follow these steps to set up a non-standard fiscal year for a new company.
💡 If the company already exists in Accountflow, follow the guide Step by step: Set up a non-standard fiscal year for an existing company further down in the article.
1. Add a new company
Click Company under Settings & Admin in the menu on the left.
Click Add company.
Select the desired accounting system from the dropdown menu. If the correct system is not visible, select Add other systems.
2. Fill in company information
Company name
Organization number
Period type: For example, select monthly reconciliation.
Reconciliation start date: The date from which A-meldinger should be used in reconciliation.
Assigned user: Select who should be responsible for the reconciliation.
VAT reporting frequency: Specify how often the company submits VAT.
Company groups: Link to one or more groups if applicable.
Check any modules you want to activate: Payroll, VAT, Assets.
💡 Note: For PowerOffice, the Reconciliation start date field is used to specify the opening balance date if the opening balance starts on a date other than January 1.
3. Select start month for fiscal year
Find the field Fiscal year start month.
Select the month the fiscal year actually starts, for example April if the fiscal year runs from April to March.
Finish by clicking Save.
💡 The company is now created with the correct fiscal year, which will be used in reconciliation and reporting going forward.
Step by step: Set up a non-standard fiscal year for an existing company
Follow these steps to set up a non-standard fiscal year for an already existing company.
1. Go to the company overview
Go to Company under Settings & Admin in the menu on the left.
Find the company you want to change in the list (use the search field if needed).
Click the pencil icon in the Actions column for the relevant company.
2. Select fiscal year start month
Find the field Start month for fiscal year.
Select the month the fiscal year actually starts, for example April if the fiscal year runs from April to March.
Finish by clicking Save.
💡 If you change the fiscal year for an existing company, make sure the change matches the setup in the accounting system. If you are unsure about the consequences, double-check internally first.
Tips
You can see which companies have a non-standard fiscal year directly in the company overview.
Go to Company.
In the column Fiscal year start month, you can see the month set for each company.
If you need to explain special agreements or configuration, you can enter this as a comment in the Company comment column.
💡 This gives you a quick overview of all clients with a non-standard fiscal year, without having to open each company individually.