Admin Manager - Financial Periods

The Financial Periods module defines the accounting calendar and controls how Trade Control closes each month.

Financial periods provide the date structure used for reporting, corporation tax, and VAT.

Access

Open:

• System > Admin Manager
• in the tree: Tax > Financial Periods

On desktop, Financial Periods opens in the right-hand pane. On mobile, it opens as a full-screen view.

Why period ends matter

Period ends are important for:

• measuring performance over stable reporting periods
• determining how much value can be extracted from the business
• preparing corporation tax reporting over the accounting year
• calculating VAT over the correct quarter boundaries

Key concepts

Financial year

A financial year defines the official 12-month reporting cycle for the business.

Monthly periods and boundaries

Each year is split into monthly periods.

A period has a start date, and that start date does not need to be the first day of the month.

Financial Periods index

The main panel shows:

• the active period
• the financial years in the system
• actions to close or rebuild periods

Period End

Use Period End to close the current active period and advance to the next month.

Rebuild Periods

Use Rebuild Periods when historic transactions have changed and you want closed reporting to reflect those changes.

Rebuild System

Use Rebuild System only when you suspect period state is inconsistent.

Configure month boundaries

1. Open Financial Periods
2. select Edit for the financial year
3. open the month you want to change
4. update the Start date
5. select Update
6. if the month is already closed and you want closed reporting to reflect the change, run Rebuild Periods

Diagnostics

If an action fails, use Event Viewer from Admin Manager to inspect the error.

See:

• Event Viewer