Hello. Our prior fiscal year series began Oct1 and ended Sep 30 (as per country regulations). By new law starting in 2020 (in our country)- the fiscal year needs to coincide with Calendar year - from Jan 1 to Dec 31 2020.
When I try to create a new fiscal year 2020 - ERPnext gives me error - saying that period overlaps with prior fiscal year Oct 1 2019 to Sep 30 2020. I tried creating a new PCV - to end the prior fiscal year. It does not let me add a new fiscal year due to period overlap. I tried creating a short fiscal year of 3 months - but ERPnext requires fiscal year to be 12 months.
How do I make this transition? Appreciate any guidance. Thanks.