Close a posting period to the next year

Closing a year prevents adjustments during that period. Select a client, then follow these instructions.
  1. Select
    Actions
    , then
    Change Posting Period
    .
  2. Select the year after your client's current processing period.
  3. Select the next posting period.
  4. Select
    OK
    .
  5. For Year End Close, set up the budget for the next posting period and make changes to closing options if you need them.
  6. Select
    OK
    .
    Clear the
    Zero account balances
    checkbox to distribute net income into equity accounts.
  7. Select
    OK
    .

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