Another improvement to our accounting software based on feedback from our customers:
At the end of your financial year, there is a process that needs to be completed.
This process "moves" all of your profit and loss from the year that is ending into a separate area of your accounts. Whilst you can do it manually, it’s a laborious process.
So we’ve put together a report that takes care of it all for you.
Simply go to Reports -> General Reports and select the Year End Process. Now you just need to follow the on-screen instructions.