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How to Adjust the Financial Sequence Numbers

MKG registers a unique number, a sequence number, for various processes. The financial sequence numbers, also known as entry numbers, are recorded in the journals in which you manually create entries. In this article you can read how to adjust the financial sequence numbering.

 

After you have created a new fiscal year in MKG, you can adjust the financial series numbers. During the initial setup of the database, a specific method was chosen, in which in some cases the year number (or only the last two digits) is included in the series. Adjusting this entry numbering is necessary to ensure that a fiscal year transition runs smoothly. This action is optional/moment critical.

 

1. Open the Journals Table

The financial sequence numbers are managed in the Journals table. Open the table; you will go directly to the list of journals. First select the current fiscal year. In the column Entry no. you will find the current sequence numbers.

 

2. Select the Fiscal Year

Now select the newly created fiscal year. The Entry no. column is empty.

 

3. Enter the New Sequence Numbers

Enter the sequence numbers of the new fiscal year in the Entry no. column. Saving is not necessary; the entry numbering is set immediately.


The voucher numbering for the new fiscal year


 

Please note!
You open fiscal years per administration. If you use more than one administration, you must perform this action for each administration.

 

Checklist Fiscal Year Transition | While executing a fiscal year transition, in today's administrative systems, actions that only occur once a year still have to be performed. These actions cause questions, or worse, are not performed at the most appropriate time. To prevent these questions and to ensure that the fiscal year transition runs as smoothly as possible, this checklist is intended for those who coordinate a fiscal year transition with MKG software.

Or go directly to one of the following items:

 

administrationjournalauthorizefiscal yearlengthprocess numberingentry no.fiscal year transition