---
title: "GL Year End Close"
canonical: "https://kb.myframeworks.com.au/space/FRAM/28385080/GL%20Year%20End%20Close"
format: markdown
---
# Overview

The **GL Year End Close **schedule task will close off the General Ledger accounting year and roll forward the balances into the new year.

> ⚠️ Please Ensure that all postings are completed before proceeding.

# How to run the GL Year End Close 

<span style="color: #333333">To perform the General Ledger year-end accounting rollover, perform the following:</span>

1. Click the **Frameworks menu** and navigate to **General Ledger > Transaction Processing > GL YearEnd Close **from the navigation tree.
2. From the **Report Criteria **tab, confirm the following details:

- **P/L Account: **This is the Profit and Loss account number and cannot be changed through this screen. Check that the number is correct and proceed.
- **Current Year: **This is the current accounting year and cannot be modified through this screen. Make sure that the year is correct and proceed.
- **New Year: **This is the new accounting year and cannot be modified through this program. Make sure that the year is correct and proceed.
- **Interim Close: **It is possible to perform an interim close on the current accounting year if required. This may be necessary to process accruals and adjustments before the financial period is finalised.

> ℹ️ - When enabled,  the task will roll the balances forward but keep the old year open for further inclusions. If more postings are made to the previous financial year, another interim (or final) close will need to be run again for the balances to be carried forward again.
> ℹ️ - When disabled, the task will perform the final close.
> ℹ️ 
> ℹ️ **You can perform multiple interim closes but only one final close**.

![image](media://43da88fc-fa50-403e-9c92-a162e2a17acd)

Click the **Schedule** tab. The scheduled task is defaulted to run **One Time** and is set to run at the *current system date and time*.

![image](media://eed12be5-69a0-4b6b-a1f1-2ff7e0924bd0)

> ℹ️ If you are performing a large import you might want to delay the import to not impact performance. To do this update the **Start date** and **time** or use the **Date Picker** icon to search for an appropriate date and time to run the task.

> ⚠️ We do NOT recommend running this scheduled task as a reoccurring task.

4. Select the task notification options to **Send a notification** or **Send and email** once the task has run.
5. Click **Submit** to run the year-end close and produce a GL trial balance file
6. On the **Output** page, under the **Generated Reports** section, click on the **report** links to review the produced GL trial balance report.
7. Click on the **Close **button in the bottom right once the task is completed.