A financial year is a year duration that needs to be defined in the Fedena under which all the financial operations such as Student Fee Collections can be managed.
To create the financial year inside the Fedena, Admin or the Privilege user needs to follow the below steps.
Step 1: Go to Menu > Administration > Finance > Finance Settings > Financial Year
Step 2: Click on the New Financial Year button
Step 3: Give the Start Date, End Date, and Name of the Financial Year.
Step 4: Click on the Create Financial Year button to save the changes.