Business Settings: Details, Currency, Timezone & Financial Year

Configuring your global business profile ensures proper tax reporting and accurate date timestamps across receipts.


1. Configuring Business Profile

  1. Navigate to Settings > Business Settings > Business.
  2. Fill in:
    • Business Name: Legal registered business name.
    • Start Date: Business establishment date.
    • Default Profit Percent: Standard target margin percentage (e.g. 20%).
    • Currency: Indian Rupee (INR - ₹).
    • Currency Symbol Placement: Before amount (e.g. ₹ 450.00).
    • Timezone: Asia/Kolkata (IST).
    • Financial Year Start Month: April (standard for India).
    • Stock Accounting Method: FIFO (First In, First Out) or Average Cost.
  3. Click Save Settings.