Fiscal Year field is redundant and has been a frequent cause of bugs. So in the next release, Fiscal Year field will be removed from transactions.
The Fiscal Year record will still exists and each GL Entry and Stock Ledger Entry will still have these fields for reports. However, transactions like Sales Invoice, Journal Entry, Purchase Invoice, etc. won’t have this field, since the Posting Date is sufficient to track them.
Also, the Holiday List will now be based on a From and To date just like Leave Allocation.
I think some of you might have use cases which we might have missed out and this change might cause problems. So let us discuss any such scenario and let’s be prepared with a workaround.