brotherton-erpnext/erpnext/docs/user/manual/en/accounts/articles/new-fiscal-year-auto-create-feature.md

#New Fiscal Year Auto-Create feature

New Fiscal Year needs to be created each year at the end of the previous fiscal year. This Process however has been automated in ERPNext.

Three days prior to the end of the existing fiscal year; the system shall check if the user has created a new fiscal year for the incoming year. If not the system generates a new fiscal year. All fiscal year Companies are also linked with the new fiscal year as in the previous year.

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