Tax return & Annual report
Complete & lock
On the Complete & lock page, you can see the closing entries that have been created automatically. You lock the financial year by enabling the Lock financial year switch. The closing entries will then be transferred to the accounting. If necessary, you can unlock the financial year to make changes.
Closing entry
A closing entry for the year's profit, income tax and changes in tax allocation reserve is created automatically, based on your choice for provision or reversal under Year-end closing - Calculate tax - - Profit/loss planning.
If you retrieve new accounting values after unlocking, this import will include any previous created closing entries from the accounting.
The closing entry previously created in Tax return & Annual report will be excluded to avoid duplicates. This closing entry is no longer in use and is displayed with the status Transferred - Excluded.
When locking the financial year, it will also lock the year in the accounting.