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| Globally Accessible Accounting and Inventory Control Application with you online store and e-payment interface. Internet or Web based Accounting and Inventory Control Application including a online store for your business with a shopping cart and credit card interface. Runs in an internet browser from any computer. | | Learn More | |
Click Here for List of Accounting Software for Various Business Segments
One of HiTech Accounting Software  |
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HiTech Newspaper Management System
Customized for Newspaper & Magazine Publishers
Complete with Advertisement, Circulation, Payroll & Accounts modules
Closing the financial year Closing The Financial Year, Accounts Module
When you close the financial year then closing entries will be made in ledger for accounts having type income and expenditure and balances of the accounts having type Asset and liability. Also the net profit / loss will be calculated and carried over to next financial year.
All the customers, supplier, product information databases will be taken over to next year. Also the sales, purchase and other transaction belonging to the next year will be removed from current year files.
After closing of the financial year no more entries can be made into it. All the data will remain intact you can generate any reports about the closed financial year however no new entries like bills, voucher etc. can be made.
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| | | | One of HiTech Business Accounting Software | |  | | A website on the subject of general knowledge & interest. | |
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HiTech Accounting Software, Billing Software, Inventory Control Software for Various Business Segments - Watch these accounting software videos |
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