How to close off the accounting period

At the end of each accounting period, we recommend that you close off the period so that no further changes can be made before and after completing your BAS.

1. In either the Accounts Payable or Accounts Receivable tab, click Options.
   
   

   

2. Change the Date to the last day of the previous account period.
   
   

   

3. You can set an Override Date for this computer only, meaning that your admin team can still post into the period if required.
   
   

   

4. Click Ok.