Edit Periods

You can edit period dates, period frequency, and the current period on the Periods page. You can make these changes even if account information has already been entered or if there has been other account activity in Onvio.

  1. For firms, select Setup, Firm Settings, then the Periods page.
  2. For a client or contact:
    1. select Setup, then Clients or All Contacts
    2. From Onvio Trial Balance, select the Settings tab and then Edit Contact.
    3. select Edit next to their name, then the Periods page.
  3. Select Edit accounting period for a client or contact, or Edit firm period for a firm.
  4. Select a new Period frequency, update the period dates, then select Next.
  5. Select Map to and map existing account balances and adjustments to the new period.
  6. Select Done to save your changes.
  7. Repeat these steps if you need to make further changes.

Notes

  • Changes to the period and period frequency are updated elsewhere in Onvio, including drop-down lists with periods, transactions, and the Workpaper reference column of the Trial Balance screen.
  • You can edit only one fiscal year at a timeunless you access the Edit Contact screen from Onvio Trial Balance.
    • You can edit multiple years at the same time as long as those years don't have any activity.
    • Fiscal year dates will update if a year beginning or ending date is updated on a single year.
    • The Tax year field will show all tax years available within a given fiscal year. Tax years can only be assigned to a single fiscal year.
  • Changes for the selected fiscal year don't affect other years set up for the contact.