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Performing a year end close

In Time, it is essential that a year end close be performed at the end of each fiscal year using the Year End Close Wizard.

The following flowchart shows you what you need to do in order to perform a year end close. Click on the boxes to jump to the corresponding topic in the Help.


What do you want to do?

If you chose the "Create new file for New Year" option

If you chose the "Do not create a new file for New Year option