Lock accounting periods to prevent changes to historical data.

Period Close Checklist

1. Complete all bank reconciliations
2. Review and approve all transactions
3. Post adjusting journal entries
4. Run financial reports for the period
5. Review for errors or anomalies
6. Generate and file tax returns (if applicable)
7. Close the period in SyncBooks
8. Backup accounting data

Closing a Period

1. Navigate to Accounting → Close Period
2. Select period to close (month, quarter, or year)
3. Review pre-close checklist
4. Confirm all items are complete
5. Click "Close Period"
6. Enter password to confirm

After Closing

• Closed periods are locked from editing
• Reports for closed periods remain accessible
• Admins can reopen periods if needed
• Audit log tracks all period close/reopen actions