Register settings such as country/jurisdiction and financial year dates define the register's fundamental properties and drive every depreciation and lease calculation in it. For that reason they can't be edited directly from the settings screen.


Financial year / reporting dates — now available as an assisted change

We have since developed the ability to change a register's financial year end. Because this is a technical change carried out by our development team rather than a self-service setting, it is applied on request and attracts a one-off fee in addition to your subscription.


To arrange it, email support@asset.accountant with:

  • your organisation name and the register(s) affected
  • your current financial year end and the new financial year end
  • the effective date of the change (the first day of the new reporting year)

We'll confirm the fee, what the change involves for your register, and the steps required on your side before anything is actioned. 




Country / jurisdiction — not changeable

A register's country cannot be changed, as it determines the tax regime, depreciation methods and rates available. If you need a different jurisdiction, set up a new register (see the transition method below).


Transition method (for a country change, or if you'd prefer to handle a year-end change yourself)

Using the example of moving from a 31 December year end to a 31 March year end:

  1. Once 31 December has passed, run your final journal in the existing register.
  2. Run an Asset Export report in CSV format showing closing balances at 31 December.
  3. Set up a new register with the correct settings applied (01 Apr – 31 Mar, and the correct country if that's changing).
  4. Import the asset data with opening balances as at 01 January — these will be the same as the 31 December closing balances.
  5. Keep the old register in your account for audit purposes, renamed to something clear such as "Pre Jan 2025 – DO NOT USE".
  6. Continue running depreciation and journals in the new register from that point on.

As always, it's worth confirming your fiscal year and jurisdiction settings are correct before you begin adding assets.