Budget period is the period for which financial statements for budget are prepared. Admin user can set Budget period here.
1. To access this function you can go to Budget module and select “Periods”. After click “Periods”, you will see the following page: Description:
If you want to adjust or modify the budget period, you can click here.
After budget period end, you can close the period by clicking this button. Normally, admin user will close this period after completing the audit process for the current period.
1. After click Adjust Period, you will see the following page. You can enter the name of the budget period. You can also adjust period start date and period end date. After done, please click Save.
1. After click Close Period, you will see the following page. Choose the closing date for that budget period as per picture below. After done, please click Submit.