Year End Close

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Assuming your company’s first financial year-end is from April 2021 to March 2022 (see below, Financial period 22), you had just finished doing your monthly closing of your March 2022 accounts.

 

Run year end closing to bring the Profit and Loss (Unaudited)  of the current year to the Unappropriated Profit & Loss (Retained Earnings) account into the next financial year (April 2019)

 

: How to process year end close

 

FAQ: Do I have to process month-end close?  Answer: No, there is no month end close to process in Realtimme Cloud system, unlike some batch processing system.

 


At [Setup], click [Financial Period]

 

 

 

 

Next, learn how to run year end close after audit

 

 


Related Topics

Unappropriated Profit / Loss account Important accounts in Chart of Accounts

 

Year end close after audit adjustments

 

Financial period setting

FAQ

Trial Balance not tally

 

 

Watch all videos:

Realtimme Training Portal

http://realtimme.cloudapp.net/basic/index.html?year_end_close.htm