FindMyStay.in
Financial year closing
Close an Indian financial year (1 Apr–31 Mar) after TB is clean: lock the year, note adjustments, and carry forward balance-sheet openings.
Accounting · Academy
What this section is
FY closing closes a financial year (India: typically 1 April–31 March). Preconditions: Trial balance balanced, vouchers posted, CA adjustments entered. Close locks the year and carries balance-sheet account openings into the next FY; income and expense accounts reset conceptually for the new year. Coordinate with your CA — this is an operational close helper, not a full tax audit pack.
In the owner dashboard
Open Financial year closing under Listing / Property after you claim a stay. Same vocabulary as Help Academy.
~11 min
Typical time to read this guide and complete the screen once for a small property.
Finance · Accounting
Double-entry books: COA, ledgers, vouchers, statements, budgets, cost centres, and Indian FY closing.
Help cues
When to use it
Cue 1
After 31 March books complete.
Cue 2
Start FY 2026-27 with correct bank/AR/AP openings.
Cue 3
CA confirms adjustments posted.
Do this
Step-by-step
-
Pre-close checklist
TB balances · BS spot-check · AR/AP reconcile · no stray drafts.
India example: TB OK 31 Mar · CA sign-off mail. -
Open FY closing
Accounting → FY closing. Confirm FY label/period · notes · Close now when ready.
India example: Close FY 2025-26. -
Verify new year openings
New FY bank/cash/AR/AP openings match closed BS. Post only new-year vouchers dated in the new FY.
India example: 1 Apr 1010 opening = 31 Mar closing.
Tips
Never close to “make TB balance” — fix vouchers first. · Keep a PDF export of final TB/BS with the close notes.
Common mistakes
Posting back-dated vouchers into a locked FY without a controlled re-open process.
Staff training
Detailed examples
Full India-hotel scenarios — same structure as Help Academy. Follow on the live screen with your team.
Example 1: Close FY 2025-26 after CA sign-off
Setting
TB clean · adjustments posted.
Who is involved
Accountant · CA · Owner
Close locks the year and carries BS openings — no shortcuts.
| # | What staff do | What they should see |
|---|---|---|
| 1 | Final TB + BS spot-check | Green. |
| 2 | FY closing → Close FY 2025-26 | Year locked. |
| 3 | New FY openings = old BS | 2026-27 ready. |
Pricing unlock
Which plans include Financial year closing
Ready to set this up?
Claim your listing, open Financial year closing in the owner dashboard, then continue Setup order.