Year End¶
The Year End process:
- Caries out any Year End Postings specified in the Accounts.
- Moves the Period Schedule, as specified at Setup, Database Setup, forward one full year.
Once the year is closed no further transactions may be posted to that year.
Please note that is possible to post and report a full “Next Year”. This allows ample time to complete the “Current Year” and complete the year end postings.