Year end closing

[Former Member]

Should the financials be closed off every year (or even quarter) and if so why? What are the benefits of doing so?

[former_member206488 · Accepted solution]

Hi,

You can check two things in this case :

1) Whether the Period which the customer closed , all the Posting periods were taken into account (if these are months then all 12) ?

2) Whether any new enteries have been entered after doing the period End Closing?

[Former Member · Accepted solution]

Thankyou also