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The fiscal year ledger is a concept in Maxxton Software that allows you to register all of your revenue income and “keep it” temporarily in one place before redistributing it via the Revenue Distribution module (and thus transferring your income into revenue). This fiscal year ledger is a specific ledger that is typically created for each fiscal year and per AO.
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A fiscal year ledger is a concept in Maxxton Software that helps you temporarily register your income (i.e. not yet revenue) in one place before redistributing it on the relevant ledgers as revenue. It can therefore be viewed a “pending” ledger where you register your income that is not yet recognised recognized as revenue. Within Maxxton Software, the fiscal year ledger takes the form of a specific ledger that is assigned per fiscal year & per AO. It can be configured in the Finance Manager under the Configuration tab and sub-tab Fiscal year and Admin OrganisationOrganization.