How to make changes in past data after FY end processing?

Although it is not recommended, an admin(s) can make certain changes like add depreciation of fixed assets, pass adjustment entries of profit/loss to capital account, etc.

• Log in to the Admin dashboard (api.mygate.in)
• Click on “Settings”
• Click on “Financial Year”
• Under the box "Change financial year to", select “2019-2020” in the dropdown
• Click on “Change” (No need to uncheck the box “current session only”)
• Now you can make the necessary entries in FY 2019-2020

Once the changes are made, change the financial year to the current financial year by following the steps:

• Click on “Settings” 
• Click on “Financial Year” 
• Under the box "Transfer & Process”, select “2019-2020” in the dropdown menu
• Click on ”Transfer and Process”. Once the transfer is completed, come back to the current year.
• Click on “Settings” 
• Click on “Financial Year” 
• Under the box "Change financial year to", select “2020-2021” in the dropdown menu.
• Click on “Change” (No need to uncheck the box “current session only”)

Note: While admins are allowed to make changes after the financial year transfer process, it is not a recommended approach.  We request you to exercise caution.