Accounting
The books, the statements they produce, and the close that makes them final.
This is the entry point to the ledger and the three statements built from it. Everything here derives from journal entries, and every figure opens to the entries behind it.
The close is what turns a running set of books into a period you can report on. Closing locks the entries and anything after is an adjusting entry with its own record.
Where everything sits
How to work this page
Every balance sheet account with an external statement should agree with it. Unreconciled differences are listed rather than absorbed.
Entries that are large, manual, or posted to an account that rarely moves are surfaced for a look before the period locks.
Locking preserves what the statements said when they were issued, which is the whole point of a close.
Profit and loss, balance sheet and cash flow, all from the same closed ledger and therefore all agreeing with each other.
On a phone
Every figure from the desktop appears here, stacked rather than reduced. Tables scroll inside themselves so the page never moves sideways, and figures keep their separators and their alignment at every width.
Questions people actually ask
An administrator can, and it is recorded. Reopening a period that has been reported on means restating, so it is deliberately awkward.
Whoever keeps the books and your accountant. Posting rights and payment rights should not sit with the same person.