Income Tax - New Financial Year

Income tax transfer for new financial year

Introduction

This page provides the steps to change the financial year for income tax calculations.

Pre-requisites:

Admin credentials

User rights

Note - Kindly contact your Admin/ HR for rights if you are not able to perform the steps below.

Steps

How to change the financial year for income tax calculations:

Step 1: Go to 'Income Tax' > 'Utilities' > 'Year End Transfer'.

Step 2: Select the checkboxes for the companies and click on the 'Transfer' button to complete the process.

Note: If you are unable to transfer the income tax calculations to the next financial year, kindly contact us at [email protected]