The Year-End feature in BrightAccountsProduction is designed to help you seamlessly transition from one accounting period to the next. This crucial process ensures that your financial records are accurately closed for the current year, setting the stage for a fresh start in the new year. By using the Year-End feature, you can close the current accounting period and move forward with confidence. Complete the following steps, to ensure a smooth and efficient year-end transition in BrightAccountsProduction.

1. Login to BrightAccountsProduction and enter the required business.
2. On the top panel, click Settings.
3. The Settings page appears. Under the DATA heading, click Year-End.
4. The Year-End window appears. Read the messages carefully. Note that the process is irreversible and you should run it only when you are sure you have no changes to make in the current financial year. If you are happy with the outcome, check I acknowledge the above information and understand this operation cannot be reversed from your end.
5. Enter the RUN YEAR END, as shown and optionally, tick Copy this year's Budget figures to next year to move the current financial year budget to the next.
6. Click OK.
7. The Confirmation Message window appears. To proceed, click OK. 
8. The Information Message window confirms the year-end completion.
9. The Year-End has been completed. Once the year-end is processed, you can witness some changes on BrightAccountsProduction. Follow the below table for a comprehensive guide to the same.
10. To better understand the table, let us consider the 2024-2025 period as the fiscal year you are closing.

Menu	Changes
Sales Menu
Invoices and Credit Notes	After the year-end is processed, transactions from the previous year are not visible under Invoices and Credit Notes directly. This occurs because the filter is set to Current by default. In this context, Current refers to the next fiscal year, 2025-2026. To see transactions from the last year, change the filter setting to All. Once the filter is set to All, you can view the transactions made in the previous year.
Opening Customer Balances	After the year-end is processed, transactions from the previous year are not visible under Opening Customer Balances directly. This occurs because the filter is set to Current by default. In this context, Current refers to the next fiscal year, 2025-2026. To see transactions from the last year, change the filter setting to All. Once the filter is set to All, you can view the transactions made in the previous year.
Purchases Menu
Invoices and Credit Notes	After the year-end is processed, transactions from the previous year are not visible under Invoices and Credit Notes directly. This occurs because the filter is set to Current by default. In this context, Current refers to the next fiscal year, 2025-2026. To see transactions from the last year, change the filter setting to All. Once the filter is set to All, you can view the transactions made in the previous year.
Opening Supplier Balances	After the year-end is processed, transactions from the previous year are not visible under Opening Supplier Balances directly. This occurs because the filter is set to Current by default. In this context, Current refers to the next fiscal year, 2025-2026. To see transactions from the last year, change the filter setting to All. Once the filter is set to All, you can view the transactions made in the previous year.
Banking Menu
Receipts	After the year-end is processed, transactions from the previous year are not visible under Receipts directly. This occurs because the filter is set to Current by default. In this context, Current refers to the next fiscal year, 2025-2026. To see transactions from the last year, change the filter setting to All. Once the filter is set to All, you can view the transactions made in the previous year.
Payments	After the year-end is processed, transactions from the previous year are not visible under Payments directly. This occurs because the filter is set to Current by default. In this context, Current refers to the next fiscal year, 2025-2026. To see transactions from the last year, change the filter setting to All. Once the filter is set to All, you can view the transactions made in the previous year.
General Ledger Menu
Chart of Accounts	Once the Year-End is processed, the Chart of Accounts is updated to reflect the changes. The Current Year (2024-2025) transitions to become the Comparative Year. The Upcoming Year (2025-2026) is designated as the Current Year. Transactions for the Comparative Year (2024-2025) are displayed under their respective sections. Sections for the Current Year (2025-2026) will remain blank until new transactions are recorded for that period.
Journal	An Opening Balance Journal is created. This is displayed under the Journal section.

NOTE: If the Year-End process is already running in the background and another attempt is made to

start it, the user will see the following message: "The Year-End is still running, please do not return the YE. To confirm that it is complete, check the Journal Opening Balances have been created and that your Accounting Periods have been updated."