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Small Business Bookkeeping Service




GoDaddy




Company Module


Closing of books

This is a manual option for closing an account any time. Default option will be set to 'NO' which automatically closes the account and adds new entry for the next financial year based on the fiscal month. If you select 'YES', then you have to add new entry manually for forthcoming year.

Note: If you have selected 'YES' and have not completed your previous year accounting balance, you will not be allowed to add new entry for the next financial year.