Company Profile & Financial Years
Configure your company identity, GSTIN, state, and manage financial years.
Company Profile
Go to the Company Profile tab. All fields here print on reports and invoices:
- Company Name and Legal Name
- Address, City, State, PIN
- Phone and Email
- GSTIN (15 characters) — required for accurate GST calculations
- PAN
- State — this is the most critical field. It determines whether GST is split as CGST+SGST (intra-state) or IGST (inter-state) on every transaction.
Set your state before entering any transactions. Changing it later affects only future transactions — existing posted invoices keep their original GST calculation.
Financial Years
Go to the Financial Years tab:
| Action | How |
|---|---|
| Create new year | New → set 01 Apr–31 Mar → Save |
| Activate a year | Select the year → Mark Current. All new transactions post here. |
| Close a year | Select → Close Year. Prevents new postings to that period. |
| Reopen a year | Select a closed year → Reopen (requires permission). Use for audit corrections. |
India's financial year is 01 April to 31 March. Only one year can be "Current" at a time — all new transactions post to it.