When you are ready to start a new fiscal year for your farm, choose this option and the wizard will step you through the process of creating a new year.
It is highly recommend that you create a database backup
before you create the new fiscal year. This will allow you to do a
restore and delete the new fiscal year from the utilities menu maintain
registrations so that you may rerun the new fiscal year process.
1) Click on File: New Fiscal Year.
2) When the New Fiscal Year Wizard opens, click
3) Enter Fiscal Year and Farm Tax Information - Set
the starting date for the new fiscal year. You can also revise the Tax ID
number. When completed, click Next.
4) Enter Contact Information for Farm -
revise the contact info if needed and click Next.
5) Select Setup Codes to Copy for New Fiscal
Year - If you wish to use the same external codes, enterprise codes and
vendor memorized ATIGD list during the new fiscal year, select current farm,
otherwise choose None. You may choose to copy ALL codes or ACTIVE
only codes to the new fiscal year. When completed, click
6) Inventory and Budget Roll-Over Options -
Choose to roll ending inventory entries from the current to the new year you are
starting. If you choose not to roll over the ending inventory then
you must set up beginning inventory for the new fiscal year. For budgets,
you may choose to roll-over current budgets to the new fiscal year, use actual
values as budget values, or not include any budgets in the new fiscal
year. Click Finish to complete the setup or Cancel to
discard information and cancel the setup.