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Compiere 3 by Andries L Pretorius

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Accounting setup flow

The recommended sequence of set-up of Compiere accounting can be illustrated as follows:

Accounting setup flow

Calendar year and period

Depending on the requirements of the enterprise, the calendar year and period setup requires the definition of the calendar year (for instance 2010, 2011, or 2012) as well as the periods for that year (the financial reporting months).

The default set-up is illustrated as follows, through the Calendar Year and Period menu item:

Calendar year and period

Once a year has been defined the Create Periods process will create the standard calendar ...

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