Goal:
- End or close months for Accounts Payable
- Close a financial month or year to block further adjustments to a closed period
Steps:
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Select Settings → Closing Months under Finance
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By default, it'll bring you the current year and its months. If you need to close months from the previous year(s), select the year drop-down at the top of the page
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Select the Close button on the right-hand side of the month(s)
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You'll get a little confirmation on the top right of the screen when it's done
Additional Information:
- Only users with the Closing Months permission under Settings can follow the following steps.
- For more information on what this feature is used for, see What does Adjusting the Closing Months within the Finance Settings do?