The Period End Financial function in SapphireOne allows users to close the current period for all financial transactions, including clients, vendors, inventory, job projects, time sheets, and the general ledger. This ensures that all financial data is accurate and ready for the next period. This guide will walk you through the steps to effectively perform a Period End for Financials. The steps are as follows:
In a live environment it is critical you always create a backup before proceeding with any period end.
- Navigate to Management > Management > Period End Financials.
- Check the Current Period, Period Date Ending and Current Date displayed at the top. If any of these details are incorrect, quit the Period End procedure and investigate.
- Ensure all vital action checkboxes are ticked:
- Reports
- Audit Reports
- Backups
- The Continue button will become active once all checkboxes are selected.
- Click Continue to complete the Period End process for Financials.
For more detailed information, refer to the Management > Management > Period End Financials article.