The Current Financial Year is 1-4-2010 to 31-03-2011, and in the Gateway of Tally it displays the Current Period as shown:
Now if you want to create a voucher on 1-4-2011, the error message Date above current period (31-Mar-11) is displayed.
Now if you want to create a voucher on 1-4-2011, the error message Date above current period (31- Mar-11) is displayed.
Change the Current Period in the Gateway of Tally by pressing Alt + F2 Change Period 01-04-2011 to31-03-2012, and then record the vouchers for the new financial year.
It will change the Current Period information and you will be able to save vouchers for the financial year
Balances of the previous financial period will be carried forward without passing any closing transactions.