Home > Margerp > General Queries > New Financial Year : FAQ ' s
As per Indian Accounting Standards, the financial year for every business commences on 1st April and concludes on 31st March. The New Financial Year (2026–2027) is created to enable users to smoothly begin recording transactions from 1st April 2026 in the software, ensuring proper and organized financial accounting.
| FAQ | Document |
|---|---|
| Create New Financial Year | Click here |
| Transfer Previous Year Balance in New Financial Year (Carry Balance) | Click here |
| Other FAQ's | Click here |
