How to close your books at year end
Closing the year means your reported figures are final and protected from later edits. RushFlow keeps a real ledger with period locking, so once a period is closed it stays closed and your statements hold.
The problem
Without locking, someone edits a closed month and last year's numbers quietly change.
- Closed periods still editable
- Reported figures drift
- No clean cut-off
The approach with RushFlow
Lock periods so closed months cannot be changed, and produce final statements from the ledger.
- Period locking for closed months
- Trial balance, P&L and balance sheet
- Automatic postings all year
- Clean cut-off for year-end
Frequently asked questions
Can I lock closed periods?+
Yes. Period locking prevents changes to months you have already closed, protecting your figures.
Can I get year-end statements?+
Yes — trial balance, profit & loss and balance sheet from the ledger.
Does the ledger stay accurate all year?+
Yes, because trading posts automatically as it happens.
Can my accountant review before close?+
Yes, with standard statements and manual journals where needed.
Run your entire business on RushFlow
POS, inventory, accounting, branches, team and an online store — one connected system.