Before you begin: Please note that permissions to your access profile may be required to perform the following steps. We invite you to validate your access with your software administrator.
Step 1: Click on the "Admin" tab in the main menu.
Step 2: Click on the "Closing the period/fiscal year" tile under the Office management section.
Step 3: Select "Close fiscal year".
Step 4: Click on "Next" to proceed to the second and final step of the fiscal year closing process.
Step 5: A check mark will appear next to each item if it is compliant. If all validated items are compliant, click "Finish and Accept" to finalize the closing of the fiscal year.
Note: If a red triangle containing an exclamation mark is displayed next to one of the items, this means that it is not compliant. Please refer to the following article for a detailed explanation of the corrections to be made so that you can continue closing your fiscal year.
Step 6: Click on "Close" to confirm the closing of the fiscal year.
Step 7: Click "Ok" in the window informing you that the fiscal year change procedure was successful.
Result: The fiscal year is closed.
GOOD TO KNOW |
At the end of the fiscal year, the software automatically performs what is known as a "floating entry" or "off-period entry". This entry does not affect either the year that has just been closed or the new year. It is used solely to ensure the accounting transition between the two fiscal years.
Note that this transaction is not recorded in Juris and is therefore not visible in traditional entries. However, the financial reports requested as of 31-12-XXXX for the closed year remain intact and still accessible.
If a transaction is entered in a year that has already been closed (e.g., an adjustment or accrual), the floating entry is automatically adjusted so that the impact is correctly reflected in the following year. |