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Is it possible to change the accounting period during the
financial year? For eg change it from 12 to 13 months ?
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Answer Posted / apps student
Yes. Accounting Period can be changed from 12 to 13. It is
done only when you have adjusting entries at the end of the
financial year. In 13th Month of Financial Year. period
Start date and end date both will be 31st Dec & 31st Dec.
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