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Year End Close

After completing the fiscal year, you have the option to close your file to the next year using the Year End Close feature. When you close a file, Working Papers creates a brand new file and rolls forward the balances from the previous year's file.

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  • After completing the fiscal year, Working Papers provides a means to close a file to the next year. When you close a file, Working Papers creates a brand new file.

  • A Multiple Year End Close allows you to work with a new current year’s file, even though the previous year’s file is not yet complete.

  • You may close to a new file name or to a file name that already exists. If next year's file does not exist, Working Papers automatically creates the file during the year-end process.

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