Closing End of Year
Can you close Financial Year before completing Accounts entries such as depreciation, dividends etc. Can you then go back and enter data into the closed Financial Year?
Forum Discussion
1 Reply
Hi FoxHay
When closing the a financial year, it would be best if everything has been completed. It is because, you can no longer go back to a financial year once finalised and closed. In addition to that, you can speak first to your accountant for more details before closing a financial year. You can check this link for more information.
Best regards,
Doreen
