Locking the Financial Month
Edited
The timing of the lock is usually determined by your organisation’s Finance team as part of the wider month end close process. This ensures that all invoices, timesheets, and accruals for the period have been reviewed and captured before the month is frozen.
On the agreed date, the Financial Administrator in Fluid goes to Financial Administration → Close Financial Month Period.
When this action is taken:
All months up to and including the selected month are closed.
Any later months remain open for forecasting and data entry.
Once a month is closed, it cannot be reopened or reversed.
From that point, the data in the closed period becomes fixed, ensuring that everyone is working with the same stable financial data.
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