How to close a financial month
Updated over a week ago


  • End or close months for Accounts Payable

  • Close a financial month or year to block further adjustments to a closed period

  • What happens when I close a financial month?


You must be a Superuser or have custom access to Closing Months to perform the following steps.

  1. Navigate to Settings β†’ Closing Months.

    • You be redirected to the current year. To close months from the prior year(s), use the View Year of drop-down to select the applicable year.

  2. Click Close next to the applicable month.

  3. Confirm your action in the pop-up.

What happens when I close a financial month?

Closing a month prevents a user from submitting or approving a Bill for invoice dates in a closed month. This ensures that values can no longer be adjusted once that financial year or month has ended.

If adjustments need to be made, you can reopen the month(s) within Settings β†’ Finance β†’ Closing Months. Once the changes have been made, you can navigate to the same page to close the month(s) again.

If an account has Bill Approval Routing disabled, users cannot submit a Bill against a Purchase Order within a month that has been closed, and they will receive the following error.

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