Prepare to Close the Year

After a year is closed, you can only modify a transaction by voiding it. This creates a reversing entry in the current fiscal year. There are a few things you need to do before closing the year.

CAUTION: Make sure your batches only include transactions with dates in 2021. Transactions with a posting date for next year must go in a separate batch. So, your 2022 batches should not have any 2021 contributions.