Overview of New Financial Year in Marg Cloud

Process to Create New Financial Year in Marg Cloud

Overview of New Financial Year in Cloud

New Financial Year (2026-2027) is being created so that the user can easily start generating the entries from 1^st April 2026 in the Software.

Important : Before creating the New Financial Year the following things need to kept in mind:

1. Take Backup of the previous financial year (2025-26)

2. If software is running on multi user environment, then software must be turned off from all the users' connections.

3. Close the Server Backup File i.e., Auto Backup file.

Process to Create New Financial Year in Marg Cloud

• Firstly, the user will visit margcloud.com

• Click on 'Login'.

Note: The user needs to log in using the Supervisor Email ID and Password and ensure that all users are logged out.

• The user will log in with the registered Email and Password, and click on 'Sign In' button.

• Click on 'Go to Marg ERP'.

• The user will select the Company for which the new financial year needs to be created.
• Suppose select 'Marg ERP Limited' and press 'F8' key or 'Enter' key on the selected company.

• The user will select 'New Financial Year' option.

• A 'New Year Creation' window will appear where the dates of the New Year will be defined i.e. 1^st April 2026 to 31^st March 2027 and click on 'Accept' button.

• Click on 'Yes' button.

• If the user needs to Transfer the Ledger balances, Outstanding, Stock Balances, Sales Challan, Pending Orders, etc. from the previous financial year, select 'Yes' from the dropdown.

Note: By default, this option of 'Challan Transfer' remains 'No' as Challans can be transferred only once so if the user is confirmed then only select 'Yes'.

• Click on 'Yes' button.

• Now, the user can view the new financial year is being created.

Note: This is a time-consuming process so kindly don’t interrupt or close the system otherwise it will affect the data of your software.

Note: Using the 'Create History' option, users can transfer the bill history of a specific ledger and item batch history from the last financial year to the current financial year."

• Click on 'Ok'.

• Now, click on 'Marg Gateway'.

• The user can view that a new financial year (2026-2027) has been created.

• Press the 'Enter' key to enter the main dashboard.

After following the above steps, the user can view New Financial Year 2026-27 will get successfully created in Marg Cloud.