Do we need to wait to close the month for January and February before we reclose the fiscal year end? Our fiscal year end is 12/31/21. We are still waiting for year end adjustments and usually wait until we have those input before closing the fiscal year. We tried reclosing in our test region and got the message that we were not at our year end yet. That test region does not have the year end update.

Is there a reason why we shouldn't close they fiscal year until the year end adjustments are ready?