Fiscal periods

Fiscal periods (accounting periods) are the date windows your books are divided into — usually months or a financial year. They control when posting is allowed: once you've finished with a period, you close it so no one can accidentally change figures you've already reported.

🔷 For managers & admins

Viewing periods needs accounts.periods.read; creating and deleting need accounts.periods.create / .delete and the accounting module at full level. Close, Reopen and Lock each have their own permission (Close / Reopen / Lock Accounting Period). By default accountants can close and reopen periods; locking, which is permanent, is for admins and managers. Each of these actions is recorded in the audit trail.

Screenshot pendingRoute /accounting/periods with an open and a closed period

Accounting periods with their status and available actions.

Create a period

1. On the Fiscal Periods screen select New Period.
2. Enter a Period Name (e.g. "August 2026").
3. Set the Start Date and End Date.
4. Select Save.

The period lifecycle

Status	Meaning	Available actions
Open	Posting is allowed	Close, Delete
Closed	Finished, but can be undone	Reopen, Lock
Locked	Permanently sealed	View only

1. Close a period once you've finished posting to it — this stops further changes.
2. If you need to post one more entry, Reopen it, make the change, then close again.
3. When you're certain a period is final (after tax filing, say), Lock it. A locked period can't be reopened.

Locking is permanent

Reopen is only available on a closed period, not a locked one. Lock a period only when you're sure nothing more will ever change in it.

Sales in a closed period

Sales, returns and other automatic entries dated in a closed or locked period are posted on the next open date rather than inside the closed period, so its totals never change.

Delete only empty, open periods

You can Delete a period while it's still Open — handy for tidying up one you created by mistake. Closed and locked periods can't be deleted.

On the mobile app

More → Accounting → Fiscal periods lists every period with its state and what that state means for posting. Each card offers only the moves that period can actually make: an open period can be closed, locked, edited or deleted; a closed one reopened or locked; a locked one nothing at all.

Locking asks for a firmer confirmation than the rest, because there is no way back from it.

Next steps

• Manual journals
• Bank reconciliation
• Accounting overview