Problems when creating new Fiscal Year

Hello
actually before our fiscal year start from 1 january 2019 to 31 december 2019.but now it has changed and become 1 july 2019 to30 june 2020.when entering new fical year in the system ,a message is displayed.



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can you please advise me what should i do?

Hello,

The problem you are facing will go away if you change the Year Name from 2019 to something else like 2019-2020.

But even after that you’ll face another issue because you are trying to create fiscal years with overlapping period for the same company.