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When you’re busy—and you’re always busy—you don’t want to waste time on tasks that don’t add value to your business. That’s why it’s important that your business makes it a priority to close its financial periods in SAP Business One.
Closing each period in SAP is good business practice, for a number of reasons:
Closing a period in SAP Business One is a critical task that requires careful attention to detail. Before you begin the period-end closing process:
To close a financial period in SAP Business One, follow these steps:
Keep your business running smoothly by ensure you close your financial periods in SAP Business One. It’s a good business practice that helps you ensure your financial information is accurate and up to date, gives you confidence in your financial reporting, and avoids surprises when making important decisions.