When first setting up JIWA 7 , creating the start year in the General Ledger setup will automatically create a new year. Jiwa allows posting to 2 years but posting cannot be made to the third year, until the first year has been rolled and the third year created.
Steps
| 1. | General Ledger 
Configuration  Setup
|
| 2. | Click  |
| 3. | A new year is automatically added |
| 4. | Select a Retained Earnings Account A General Ledger account where the Classification = Retained Earnings. When a yearly roll-over is performed undistributed profits or losses are updated into this account. |
| 5. | Type in the descriptions for each period under the column Name |
| 6. | Save the changes |
Copyright © 2012 Jiwa Financials. All rights reserved.