Close Accounting Periods

Screenshot showing how to close the accounting period in Patriot Software.

Customers of Patriot’s Accounting Software can now close out a period frequency of their choosing (monthly, quarterly, annually) in order to keep their books clean. When a period is closed, Patriot will make an automatic journal entry to bring all income and expense accounts to a zero balance, and carry forward the correct equity account balances into the next period.

For more details, see the help article How To Close Your Accounting Period.

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