Month-End Close Guide
Run trial balance, reconcile bank and vendor statements, review aging reports, and close your accounting period.
Accounting · 12 min read
Before you close
Review the trial balance to confirm debits equal credits, check AR/AP aging for anything that needs a recovery follow-up, and run Ledger Reconciliation against your bank and key vendor statements to catch discrepancies before they get locked into a closed period.
Closing the period
From Accounting Periods, closing a period generates an immutable trial-balance snapshot and locks every posted voucher inside it — no further edits are possible without a formal reopen.
Reopening a closed period
Reopen is restricted to super-admin roles and is fully audit-logged, so it is available for genuine corrections without becoming a routine workaround for poor close discipline.
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