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When you get to the end of your financial year, it's important to review the financial performance of your organisation, but what actually happens in your accounts software when you click the Year End option? In this article we explore what happens behind…
You use the Year End option to close your current financial year and move into the new year. Your Profit and Loss balances clear, your financial year start date advances by a year and your records update. Find out more in our step by step guide >