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There are a few pre-set financial period as shown below.
At [Setup], click [Financial Period]
If this is the first time you come into this Financial period setting, there is a default financial period  (zero) that is preset from 1990 to Dec 20XX by the system
If your company is a new start-up in year 2022 with all accounts starting with zero balances, you can ignore this topic, go to the topic : Financial period 
Note: You cannot delete this financial period  , if you try to delete this, a message below shall appear.
However, if your year end is March , you can change the period  year ending from...example, to ending March 2021.
Follow the steps from  to 
If your company is a new setup, there will not be any opening balances brought forward of your customers' ; suppliers' and general ledgers.
Note : Financial period 0 is set to commence from 1990 Jan until the year and month before starting the Realtimme system.
If your company is a newly setup company, ignore the "0" period, set your Financial period "2X" for year 202X onwards as your first starting year.
Note that the system does not accept overlapping of financial month across two period.
A warning message will appear below if you attempt to do so.
Notice that all financial month need to be accounted. The screen below has a gap, which will not be allowed if posting to Jan 2022 to May 2022
Next, go to Getting Started, Topic 4 : Chart of Accounts
or Back to Getting Started