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The month-end closing is a process used to automatically generate specific documents, verify and adjust the balances of GL accounts at the end of the selected period. If the process ends with errors, you may need to perform manual corrections. . The tool is also used to close the financial year.
In FirstBIT ERP, month-end closing does not imply any restrictions on user actions-- after the month is closed, you can return to any previous month to enter or edit transactions
(Any year end's specifics??).
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