Reopen period

Unlocking the most recently closed month (or year) to make a correction, then closing it again.

In Solo Superstars

Latest period only, from the Close page, with a reason recorded. Reopening a year also reverses its closing entry so revenue and expense accounts come back.

Example

A $600 August bill arrives in September: reopen August, post it, close August again. The audit trail keeps both closes.

Codes shown are the defaults a new workspace starts with. Yours may be renamed or renumbered — check Accounting › Chart of accounts. See the full default chart.

Also called

  • unlock
  • reopen month

Related

  • Period lock — The date on or before which no entry can be posted. Set by a close; lifted only by reopening the latest period.
  • Monthly close — Declaring a month finished: everything categorized, statements reconciled, then locked so nothing older can change.
  • Reopen — Unlocking the most recent reconciliation of an account so its lines can be corrected, then reconciling again.
  • Year-end close — Closing the fiscal year: zeroing revenue and expense accounts into retained earnings, rolling owner draws into equity, and locking the year.

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