Accounting Periods (Locking)

Overview

Lock past months/quarters/years so no new transactions or edits can post to them. Required after you file taxes or sign off audited statements — otherwise a back-dated edit silently changes filed numbers.

Step-by-Step Guide

1

Open Periods

Settings → Accounting Periods.

2

Pick Period

Months listed for the current fiscal year. Status: Open, Locked, or Closed.

3

Lock

After your accountant finishes month-end review and files VAT, lock the month. Locked periods reject new transactions + edits.

4

Unlock (with care)

Only super-admin can unlock. Every unlock is audit-logged + emailed to the company owner.

Tips & Best Practices

Tip: Lock every month, every month — the discipline alone prevents 90% of "wait, why did Q1 just change?" surprises.