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


Trial Balance not tally



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