o navigate to The Fiscal Year section :
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manages the organization’s financial calendar, ensuring alignment with reporting and compliance requirements.
Overview
Navigate to the Fiscal Year section from the side menu.All the Fiscal Year
will be shown here as View all fiscal years in a list format.
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9.2.1 To create a new Fiscal Year
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Example Use Case
A fiscal year ends on December 31. The finance team creates a new fiscal year starting January 1 to ensure all claims submitted in the new year are categorized correctly.
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Key Functionalities
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Create a New Fiscal Year:
Click the ‘+’ button.
A window will slide in from the right, filling in all the required fields.
Finally, click on ‘Save’.
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Enter details, including:
Start Date: The beginning of the fiscal year.
End Date: The end of the fiscal year.
Description: Optional notes or details.
Click on Save.
| Info |
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The fiscal year must be created manually every year, as it does not generate automatically. |
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Modify an Existing Fiscal Year:
Search
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for or select a fiscal year from the list.
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Navigate to the
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Fiscal Period section.
Edit details for each month or fiscal period.
Click on Save to apply changes.
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Select one of the months from the listing.
Make all the changes you need in this area.
Finally, click on ‘Save’.
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Integration with the e-Claim Module
The Chart of Account Applet interacts seamlessly with other applets within the e-Claim module to:
Support Fiscal Year Transitions:
Ensures claims are categorized under the correct fiscal year.
Facilitates accurate reporting and auditing.
Enhance Reporting:
Fiscal year settings define reporting periods.
Conclusion
The Chart of Account Applet is essential for maintaining financial integrity within the e-Claim module. By ensuring accurate GL Code assignments and fiscal year configurations, it supports seamless claim categorization, reporting, and reimbursements.
In the next section, we will explore the Setting and Configuration, another integral component of to understand how each applet works efficiently within the e-Claim process