Fiscal years are deleted from the Fiscal Years page.
Important Note About Deleting a Fiscal Year
A fiscal year cannot be deleted if one or more budgets are linked to it, regardless of calendar type. If no budgets are linked, the fiscal year also cannot be deleted when it would leave a gap between the fiscal years before and after it.
Security
Users must have the following permission to delete a fiscal year:
Administration → Fiscal Years → Delete Fiscal Years
These permissions can be added to custom user roles or individual users. The Permission Access report can be used to determine which user roles or users already have these permissions assigned. For more information, see User Setup and Security.
Delete a Fiscal Year
Follow these steps to delete a fiscal year:
Click steps to expand for additional information and images.
1) Navigate to the Fiscal years page.
Open Admin from the left navigation rail
Click to expand the Accounting folder
Select Fiscal years
2) Double-click the fiscal year to delete.
The Fiscal period setup form will open in a new tab.
3) Delete the fiscal year from the setup form.
Hover over the Save menu to expand the options
Select Delete
4) Confirm the deletion.
If one or more budgets are linked to the fiscal year, the deletion is blocked and a message states that the fiscal year cannot be deleted while budgets use it.
If no budgets are linked but deleting the fiscal year would leave a gap between the fiscal years before and after it, the deletion is blocked with a message stating that gaps are not allowed.
If neither condition applies, the fiscal year is deleted and a success message appears.