> ## Documentation Index
> Fetch the complete documentation index at: https://help.kuverbooks.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Change Your Fiscal Year and Manage Accounting Periods

> Switch between accounting periods in Kuver Arc, understand what changes when you update the fiscal year, and access previous year data.

The fiscal year feature in Kuver Arc lets you switch between accounting periods so reports, transactions, and financial records are tracked under the correct period. Use this when starting a new financial year or reviewing historical records.

<Warning>
  Changing the fiscal year is an important administrative action. Review what changes before saving.
</Warning>

## What changes

When you switch to a new fiscal year, the change applies across Kuver Arc.

<CardGroup cols={2}>
  <Card title="Previous data becomes read-only" icon="lock">
    You can view historical records, but you cannot add, edit, or delete entries from the previous fiscal year.
  </Card>

  <Card title="Existing records stay available" icon="folder-open">
    Ledgers, reports, transactions, and documents from earlier periods remain available for reference and audit review.
  </Card>

  <Card title="New entries use the active year" icon="calendar-days">
    New transactions, reports, and entries are created under the selected fiscal year.
  </Card>

  <Card title="Dashboards update by period" icon="chart-line">
    Module views, financial summaries, and dashboard data update based on the active fiscal year.
  </Card>
</CardGroup>

<Note>
  Switching fiscal years does not erase past data. Previous fiscal year records remain available in read-only mode.
</Note>

## Change the fiscal year

<Frame caption="Fiscal year selector in the top navigation bar">
  <img src="https://mintcdn.com/kuverabooks/scsfVkca2tS93nnP/images/fisc-year-1.png?fit=max&auto=format&n=scsfVkca2tS93nnP&q=85&s=e0f141fcf4e30f98373a9f58baf17449" alt="Fisc Year 1" width="440" height="338" data-path="images/fisc-year-1.png" />
</Frame>

<Steps>
  <Step title="Open the fiscal year selector">
    Click the **Fiscal Year** option in the top navigation bar. The **Change Fiscal Year** window opens.

    <Frame caption="Select a fiscal year">
      <img src="https://mintcdn.com/kuverabooks/scsfVkca2tS93nnP/images/fisc-year-2.png?fit=max&auto=format&n=scsfVkca2tS93nnP&q=85&s=3cf1663dc6389edcae16cfcf9fc81265" alt="Fisc Year 2" width="700" height="590" data-path="images/fisc-year-2.png" />
    </Frame>
  </Step>

  <Step title="Select the new fiscal year">
    In the **Select Fiscal Year** field, choose the fiscal year you want to switch to from the dropdown list.

    <Frame>
      <img src="https://mintcdn.com/kuverabooks/scsfVkca2tS93nnP/images/fisc-year-3.png?fit=max&auto=format&n=scsfVkca2tS93nnP&q=85&s=7ce81a27906756170026dc3f1ce049d2" alt="Fisc Year 3" width="702" height="580" data-path="images/fisc-year-3.png" />
    </Frame>
  </Step>

  <Step title="Confirm with your password">
    Enter your account password in the confirmation field. This verifies that you are authorized to make the change.
  </Step>

  <Step title="Save the change">
    Click **Save Changes** to apply the selected fiscal year. Kuver Arc updates the active period immediately.

    <Frame caption="Save fiscal year change">
      <img src="https://mintcdn.com/kuverabooks/scsfVkca2tS93nnP/images/fisc-year-4.png?fit=max&auto=format&n=scsfVkca2tS93nnP&q=85&s=64fe9bb5d5f8e0c2ab705cb3d8f6412b" alt="Fisc Year 4" width="699" height="587" data-path="images/fisc-year-4.png" />
    </Frame>
  </Step>
</Steps>

<Note>
  To exit without updating the fiscal year, click **Cancel** in the Change Fiscal Year window.
</Note>

## View previous data

You can switch back to a previous fiscal year to review historical records in read-only mode. This is useful for audits, reconciliations, and past performance review.

<Steps>
  <Step title="Open the fiscal year selector">
    Click the **Fiscal Year** option in the top navigation bar.
  </Step>

  <Step title="Select an earlier fiscal year">
    In the **Fiscal Year** field, choose the earlier period you want to view from the dropdown.
  </Step>

  <Step title="Confirm access">
    Enter your account password to confirm access to the historical period.
  </Step>
</Steps>

After confirmation, Kuver Arc displays the selected period’s data in view-only mode. You can browse records, run reports, and review transactions, but you cannot add, edit, or delete entries from that period.

<Tip>
  When reviewing previous fiscal year data, check the fiscal year indicator in the top navigation bar to confirm which accounting period is active.
</Tip>

## Why it matters

Fiscal year management keeps accounting periods clear and prevents current-year activity from mixing with historical records.

<AccordionGroup>
  <Accordion title="Clean accounting periods">
    Each fiscal year keeps its own set of records, helping reports and ledgers stay organized by period.
  </Accordion>

  <Accordion title="Preserved historical records">
    Previous year data remains available for audits, reconciliations, and business review.
  </Accordion>

  <Accordion title="Controlled financial transition">
    Your organization can move into a new financial year without disrupting past records.
  </Accordion>

  <Accordion title="Accurate reporting context">
    Reports and dashboards reflect the selected fiscal year, so users can review data in the correct accounting context.
  </Accordion>
</AccordionGroup>
