📄️ Close Month
The Close Month feature is used to finalize monthly transactions. This menu should be used only after confirming that all transactions for the month have been entered. Closing the month prevents further data entry for that period unless authorized. If a user attempts to enter transactions in a closed month, the system will require authorization to save the data.
📄️ Close Year
The Close Year feature is used to finalize the accounting period for the year. This process transfers all transaction balances from the current accounting period to the next period, ensuring a clean start for the new year.