6.1. Close Month Account
This option enables you to close your accounts at the end of every month. Check through the accounts and make sure that all transactions for that period have been entered correctly and the batches are balance.
After closing month end accounts, the following will take place.
Enter the password correctly and then click on the OK button to close month end accounts.
Note:- * It is not compulsory to close month-end accounts because you may continue doing your accounts up to Period 18 without performing month end processing.