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Go - Live During Mid Year

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Posted on by 205

Hi ,

I have a query regarding Go-Live Process.

Do We always have to Go-Live on the Beginning of accounting Year( April 1st)?

or Can we do it Whenever Possible Like Next Month(October)?

  • Pushparaj P Profile Picture
    Pushparaj P 205 on at
    RE: Go - Live During Mid Year

    Thank You Guys.

  • Suggested answer
    Nitin Verma Profile Picture
    Nitin Verma 21,091 Super User 2024 Season 1 on at
    RE: Go - Live During Mid Year

    No Problem, Need to consult with Functional consultant, so that they guide you how to make the opening balances of all your masters.

  • Suggested answer
    Dallefeld Profile Picture
    Dallefeld 11,425 User Group Leader on at
    RE: Go - Live During Mid Year

    No problem, we do 'go lives' in mid month, mid year.....all the time.

  • Pushparaj P Profile Picture
    Pushparaj P 205 on at
    RE: Go - Live During Mid Year

    Hi,

    Thank You For the quick reply,

    If we start a Go -Live Process at the beginning of financial Year, there won't be any balances on the  G\L Accounts of Income Statement,

    but If we start in mid of the year, there will be balances on Income Statement. So is there any problem,here?

  • Suggested answer
    Nitin Verma Profile Picture
    Nitin Verma 21,091 Super User 2024 Season 1 on at
    RE: Go - Live During Mid Year

    Hi,

    It’s been suggested last so many years and recommended to be started from financial year but there is nothing worry if we start in mid of the year too.

    It’s been suggested beginning of the financial year because that time we close our books and start a fresh new year opening balances, stock etc.

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