Help · Accountant: locking, year-end & recurring journals
How to close the financial year
Close a financial year in plain steps: checks first, then the profit moves to reserves and the year can be locked.
Who can do this: Organisation admins (Client Admin).
Steps
Step by step
- Accountant → Close the year, and choose the year.
- Work through the checks: drafts still open, bank lines not reconciled, and the trial balance.
- When the checks pass, choose the reserves account and click Close the year. The year's profit or loss moves to reserves.
- Lock the year in Transaction locking so nothing changes after closing.
Related guides
Need a hand?
WhatsApp +91 97111 87655 or email siba@bebaak.co with your organisation name and a screenshot.
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