How do I close or reopen an accounting period?

ForLandlordsProperty managers

Who can do this

Landlord; Organization users with Approve & Post Transactions.

Where to find it

Accounting → ⋮ → Reconciliation → Period close.

Steps

Set the statement end date in the month you want to close.
Click Close YYYY-MM.
To reopen, type a note in Close or reopen note and click Reopen YYYY-MM (disabled until there's a note).

What happens next

"Accounting period closed" / "Posting and owner-side manual adjustments are locked for this period." The badge reads "period closed". Reopening shows "Accounting period reopened".

Good to know

In a closed period, new entries, voids, recoding and manual owner adjustments dated in that month are refused with "Accounting period YYYY-MM is closed…". Recurring entries skip it, and a transfer dated in it shows "Transfer recorded in a closed period".

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