Can I make adjusting entries after closing the period?

Question

I need to close December to start working on January, but our tax dept is going to have adjusting entries that I will need to post in December.

Terry Todd · Accepted Answer

Hi Amiee Marenna take a look at this article: If I close the year in General Ledger can I still make adjusting entries? If you are finished with 2022, you can close and later make additional entries. However, if you still have entries to make to 2021 (two years ago) you'll need to finish that year before you close 2022.

Sage Construction & Real Estate

Can I make adjusting entries after closing the period?

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