Managing Close-Off Dates Tutorial

Overview

Closing off dates allows you to lock a financial period. No changes are allowed to transactions that are before the close-off date. This feature is essential for maintaining data integrity once a period has been finalised. Only authorised users can change the Close-Off Date. However, these users can change the date in any direction.

These tutorials explain how to set the Financial Close Off Date.

Navigation Example: Main Menu > Accounting > Transaction Close Off Dates.

How to Manage the Close-Off Date

ℹ️ You can unlock dates by selecting a prior date (e.g. if transactions are locked until 31 July 2025, you can select 30 June to unlock July transactions).

- The Accounting checkbox filters transactions to only show those that affect accounting. However, other transactions may impact inventory, which could result in a mismatch between the inventory on the Statement of Financial Position and the Inventory Reports generated by BOS Enterprise.

1. Navigate to Transaction Close Off Dates.
2. Select the Transaction Types you want to block. Use Ctrl + left click to select multiple transactions or Shift + left click to select a continuous block.
3. Select a Date from the dropdown list.
4. Click Update (button).
5. Confirm the change on the pop-up.
6. Click Save (button).

How to Remove a Close-Off Date

1. Navigate to Transaction Close Off Dates.
2. Select the Date and press the Backspace key on your keyboard to clear it.
3. Click Update (button).
4. Confirm the change on the pop-up.
5. Click Save (button).