Search Knowledge Base Articles

Accounting & Bookkeeping

How to Close the Books for a Period

1 min read 77 words
Accounting Dashboard

Closing the books

Closing prevents accidental changes to transactions dated before a chosen date — useful after filing returns or finalising a year.

Step-by-step

  1. Go to Accounting > Settings > General (https://dashboard.kmmvgroup.org/admin/accounting/setting?group=general).
  2. Enable Close the books.
  3. Set the closing date.
  4. Choose the protection level:
    • Allow changes after a warning, or
    • Allow changes after a warning and a password.
  5. Save. Transactions dated on or before the closing date are now locked.

Did you find this article useful?

Your feedback helps us improve these articles.