Discover how to close the accounting year in Banana Accounting Plus and how to create the New Year's file. In order to have continuity and serenity of work, it is also worth starting the New Year with an updated software.
Closing your accounting and creating the New Year
The transition to the new accounting period is always a very important moment and with Banana Accounting Plus you can do it in a very simple way. We have improved the documentation pages, adding several useful information.
- Create the New Year's file so you can immediately start entering the transactions in the new accounting period, even if you have not yet closed the accounting of the previous year.
- Close the year - how to proceed with the accounting operations at the end of the year.
- Create the new year file in Multi-currency accounting.
- Close the multi-currency accounting year - how to proceed with closing operations and managing the closing exchange rates in order to calculate the exchange rates differences.
- Create the new year file in Income/Expense accounting.
- Close the Income/Expense accounting - see page Closures in Double Entry Accounting.
We have also posted a series of notes and suggestions on the Preparing the documentation for Audit page.
Easier closures with Banana Accounting Plus
The Balance column, available in the Transactions table of Banana Accounting Plus, facilitates your end-of-the-year operations, and proves to be very useful to spot possible differences.
Switch now to Banana Accounting Plus!
If you don't have it yet, switch to Banana Accounting Plus now; you get 1 month FREE trial and then pay only CHF 69/year (€ 60 +taxes/year) for the Professional plan!
Banana Accounting Plus is completely compatible with the previous versions, you'll be able to keep working with your files simply by opening them with the new version. Take a look at all the new features and improvements.
Users who have already switched to Banana Accounting Plus tell us that they are very satisfied.
The Advanced plan, an extra gear!
The Advanced plan of Banana Accounting Plus includes all the features of the Professional plan, allows you to work in a more efficient and fast way, has exclusive extensions, advanced customization possibilities and is the only plan with direct personalized technical support. Ideal for who uses the program frequently, accountants, fiduciaries, IT experts and for those who do their accounting on a regular basis.