Financial Years (also known as Fiscal Years) can be assigned to orders within Unimarket when the Financial Year functionality is activated. This will allow your community to track orders to a specific year's budget. The functionality allows the community to designate overlap time, to make forward or backdating orders during the Financial Tear transition as easy as possible.
Configuring Financial Years
The Financial Year functionality is configured within the Procurement Modules settings. To find this, navigate to the Administration > Module > Procurement and choose the Management tab.
| Note: Within the Procurement Module there is another tab called Features where you can manage other procurement features. |
On this screen you can see the dates configured for your Financial Years. The Configurable dates for financial years are:
- Activation Date - the date new orders will be assigned to this Financial Year by default upon checkout (may be earlier than the Start Date)
- Start Date - the date the Financial Year begins
- End Date - the date the Financial Year ends
Adding a new Financial Year
Selecting Add Financial Year will prompt users to fill out information for the next Financial Year they wish to configure. They must name the Financial Year and choose the appropriate dates.
Editing or disabling a Financial Year
To update the details in financial year click Edit to the right of the year you wish to update.
You can modify the Name, Code and Dates on a Financial Year. If the year is no longer in use, simply uncheck the Enabled option and the year will be disabled.