Period closing and reports
Close a month, trial balance, general ledger, profit and loss, and balance sheet.
Monthly closing
Menu Finance → Period Closing shows the 12 months with their status and journal counts.
- Post or delete every draft of that month.
- Press Close. After that no journal (manual or automatic) can be dated in that month. Claim payments or asset purchases dated in it are refused too.
- Reopen when needed; who and when is recorded.
Reports
Menu Finance → Financial Reports.
| Report | Content |
|---|---|
| Trial balance | Per account: opening, debit, credit, closing, and whether it balances |
| General ledger | The lines of one account with a running balance |
| Profit and loss | Revenue − cost of sales = gross profit; − expenses = operating profit; + other income − other expenses = net profit |
| Balance sheet | Assets = liabilities + equity |
The trial balance and profit and loss can be filtered by project or partner.
Profit: no closing journal needed. Profit of earlier years shows as retained earnings, profit since the start of the fiscal year as current-year profit. The fiscal year start is set in the company profile.
Last updated 28 Oct 2026