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.

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Create a new financial year
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Close the last VAT period
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Close the last financial period
Last modified October 9, 2026