Accounting
Accounting periods
Accounting periods group transactions into reportable windows (typically months) and prevent accidental edits once a period is closed.
Opening and closing periods
From Tenant > Accounting > Periods, open a new period (defining its start and end dates) or close the current one. Closed periods are read-only — no new postings, no edits to existing postings.
Working with closed periods
If you need to correct an error in a closed period, the right move is usually to post a reversing entry in the next open period rather than reopen the closed one. Reopening is supported when truly necessary, but it's a strong audit signal.
Year-end close
At year-end, close the December period and run the reports for the year. Then open the next year's January period. flows.care does not require a manual "year close" step — period close is sufficient.