The year-end process

This overview presents the main steps for the year end work process.

A financial year is closed automatically when you close the last period of this financial year. Thus, you should close the last period of a particular financial year only when the company is ready to close the financial year.

The links below will guide you through the work process. Each link represents a separate task, from which you can navigate to the next step in this process. You can always choose to go back to this page by clicking icon-navigate-back-helpcentre, or use the link under the Related work process overview.

workflow-1-newCreate a new financial year
workflow-2-newClose the last VAT period
workflow-3-newClose the last financial period
Last modified February 19, 2026