Jiwa Roll Over – Yearly Roll Over

In this article we look at the 2 types of Yearly Roll Over processes in Jiwa 7,

  • Application Roll Over (not applicable for versions 7.1.0 and up), and
  • General Ledger Roll Over

Overview

In Jiwa two (2) financial years can be open and posted to, these are typically referred to as;

  • Current Year, and
  • Next Year

Only when the current year has been finalised and all relevant journals posted should the Yearly Roll Over process be undertaken.

Once a financial year has been rolled transactions can no longer be posted to that year.

Before proceeding with a yearly roll over ensure that;

  1. A backup of your Jiwa database has been taken (speak with your Jiwa Consultant about backing up your database), and
  2. All users are logged out of Jiwa

The Yearly Roll Over option from the default Jiwa menu is available from System Settings | Roll-Over | Yearly Roll-Over.