Question:
- What happens when I close financial months?
- What is the Closing Months option within the Settings used for?
Where:
- Procurify web app
Tips!
- For instructions on how to close months, see How to Close Financial Months.
- If you would like some clarification regarding the answer below, head over to the Procurify Community to learn more. We promise we don't bite!
Answer:
Closing Months option, within settings, prevents a user from submitting or approving a Bill if the invoice date is within a month that has been closed. This ensures that values can no longer be adjusted once that financial year or month has ended.
In a scenario where adjustments do need to be made, you can reopen the month(s) within Settings > Finance > Closing Months. Once the changes have been made, you can navigate to the same place within the settings to close the month(s) once again.
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