Edit Accounting Period Details

Companies are the only client type for which accounting period details can be edited.

To edit an accounting period and its associated chargeable accounting periods, highlight the relevant accounting period and select Edit (or press the Enter key). The Edit Accounting Period Details window will be displayed.

Within this window, you will see the details for the currently selected accounting period shown at the top and related chargeable accounting periods (CAPs) shown towards the bottom of the screen.

If you edit the start or end date of the accounting period, the CAPs will be automatically updated:

• If the accounting period is up to 12 months long, one chargeable accounting period will be displayed with the same start and end date as the accounting period.
• If the accounting period is over 12 months long, there will be two chargeable accounting periods displayed: the first spanning the first 12 months of the accounting period, and the second covering the remainder.
• If you edit the end date of the last CAP, and this means that the accounting period is no longer covered fully, then the system will again automatically add a new CAP to adequately cover the full period.

Note: You will notice that you cannot edit the start dates of the CAPs. This is because the start date of the first CAP must always be the same as the start date of the accounting period. Any subsequent CAPs must always immediately follow the end date of the previous CAP; therefore, these dates are entered for you. You may edit the end dates as you require.