Fiscal Periods

How to create and close Fiscal Periods in VIAS

1. Navigate to Accounting > Fiscal Periods
   
2. The Fiscal Periods of your institution will be displayed in chronological order on the list. If necessary, you can create new Fiscal Periods by clicking on "Add Fiscal Period."
   
   
   
3. To mark a Fiscal Period as closed, simply click on the Period Name and select the necessary closures.  The selections made will appear as red within the list.
   
   
4. Once a Fiscal Period has been closed, no further transactions can be created during that specific period.