Show TOC

Procedure documentationExecuting a Fiscal Year Change Locate this document in the navigation structure


In fixed asset management, you must execute a fiscal year change when a fiscal year ends. With the change, SAP Business One transfers all the asset depreciations and balances from the current fiscal year to the new fiscal year.


You have enabled fixed assets.

For more information, see Enabling Fixed Assets.


  1. From the SAP Business One Main Menu, choose   Financials   Fixed Assets   Fiscal Year Change  .

    The Fiscal Year Change window opens.

  2. In the From Fiscal Year field, select the fiscal year from which you want to execute the change.

    SAP Business One automatically adds the next fiscal year in the To Fiscal Year field, to which the change is to be made.

    Note Note

    If the next fiscal year, to which you want to change, is not yet defined in SAP Business One, you receive an error message.

    To define the next fiscal year, do the following:

    1. From the SAP Business One Main Menu, choose   Administration   System Initialization   Posting Periods  .

      The Posting Periods window opens.

    2. Choose the New Period pushbutton and add the desired fiscal year.

    End of the note.
  3. In the Fiscal Year Change window, choose the Execute pushbutton.

    The system prompts a system message for you to confirm the change.

  4. In the message dialog box, choose OK.

More Information

Fiscal Year Change Window