End-of-period procedures > Starting a new financial year > Task 6: Start a new financial year
The previous financial year’s monthly totals for all accounts are changed to last year categories. If last year amounts already existed, those amounts will be replaced.
To start a new financial year
Go to the File menu, choose Start a New Year, and then Start a New Financial Year. The Start a New Financial Year Assistant appears.
If you need help in any of the windows, press the help icon in the window.
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