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Money out: expenses and P&L3 min read

Month close: the checklist that turns a month into a record

A month is finished when nothing in it can move. The checklist is how you get there; the lock is how you keep it; the pack is why you bothered.

By the end of this pageYou will be able to close a month cleanly, know what the lock prevents, and reopen correctly when you must.
On this pageWhat the lock preventsReopeningWho closes
Closing AugustDrag the slider
InboxCountsORsDraftsReviewLock
1 Sepdone

What the lock prevents

New transactions dated in the closed month; edits to existing ones; voids and reversals. What it does not prevent: recording a September payment against an August invoice (that is September cash, August accrual, and both reports handle it); viewing, exporting, printing. Attempts to write into a closed month are refused with a message, not silently redated.

Reopening

An admin can Reopen a month with a reason. The reason and the reopen are logged; the pack already sent is marked superseded; after the correction, close again and a new pack generates with a version number. Your accountant sees "August v2" and the reason. Reopen when there is an error; do not reopen to add things that belong in the next month.

Who closes

Managers can complete the checklist; admins lock. In a one-person business that is the same person on two different days, which is about right.

Rhythm. Close by the 5th. A month closed on the 5th has an accountant pack by the 6th and a BIR deadline that is not a scramble. A month still open on the 20th has receipts nobody remembers.

Related

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