Close an accounting period

Period close preserves a reviewed financial boundary and keeps later activity from silently changing the settled history.

1. 1

   Choose the end date

   Use the partnership’s agreed accounting cadence and confirm the prior period boundary.

2. 2

   Resolve pending entries

   Confirm or remove pending recurring expenses and correct incomplete payer, participant, receipt, or paid-through information.

3. 3

   Review balances and settlements

   Ensure expected payments were recorded and remaining balances are understood.

4. 4

   Export when required

   Save the CSV or reports needed for the partnership’s records or professional review.

5. 5

   Close the period

   Confirm the action only after review. New activity belongs after the closed-through date.