Close a posting period to the next year

Closing a year prevents adjustments during that period. Select a client, then follow these instructions.

Select Actions
, then Change Posting Period
.

Select the year after your client's current processing period.

Select the next posting period.

Select OK
.

For Year End Close, set up the budget for the next posting period and make changes to closing options if you need them.

Select OK
.

Clear the Zero account balances
checkbox to distribute net income into equity accounts.

Select OK
.

This article applies to: