Month-end closing before returns

Check the active company, period and editing permission before any confirmation. Follow only steps applicable to the company's legal form and accounting regime.

Supporting documents

• The month's approved documents and bank, cash, stock and fixed asset registers.
• The trial balance, account ledgers, balance explanations and depreciation computation.

Completing and checking data

1. Choose the period and review the closing checklist. Resolve each blocker using the indicated action. A check depending on unfinished documents or entries remains pending; rerun it after resolving the issue. Selecting the period keeps the same month for closing, foreign currency revaluation and VAT where applicable.
2. For a document or entry blocker, Resolve opens the items causing it. Correct the source; where available, Generate draft and Post entry are separate actions, each with its own check and confirmation. Use Back to month-end close for the same period and rerun the check. VAT, foreign currency and tax checks concerning the period total open the corresponding records.
3. Finalize the month's documents and allocations. Check that all correct drafts are posted and identify any missing period-end transactions.
   • Document validation
   • Draft notes
4. Compare bank and cash balances with documents, customers and suppliers with subsidiary ledgers, stock with movements and fixed assets with asset records. Explain differences before closing.
   • Trial balance
5. Under ‘Depreciation due’, check assets, month and amount. Confirm instalments and accounts, then use ‘Generate depreciation entry’. Review and post the resulting draft.
   • Draft notes
6. Under ‘Accounting profit or loss and account 121 entry’, check revenue and expense account turnover. Confirm the period and turnover, then use ‘Generate account 121 entry’ and review it before posting.
7. Recheck the trial balance after closing entries and continue with tax computation or applicable returns. Lock the period only after the checks required for the company.
   • Tax calculation
   • Accounting periods

The period has reconciled balances and profit or loss, ready for tax computation and reporting.

Official sources for this activity

Checked on 10 September 2026. Apply the rules for the period and the company's legal form.

• Accounting Law No. 82/1991 — supporting documents and accounting registers
• OMFP No. 2.634/2015 — financial and accounting document rules

Related resources

• Accounting app guides
• Tax profile: establish obligations before recording transactions
• Accounting onboarding and takeover
• Accounting periods: opening and locking
• Fixed assets
• Preparing and submitting returns to ANAF
• View Fluxe prices and plans

Practical example

At month-end, you still have an unconfirmed statement and two draft entries. Check them and reconcile the bank before completing the close. Compare the trial balance, stock, depreciation and taxes; a balanced total does not replace checking for missing documents.

Frequently asked questions and solutions

Documents appear after the closing entry is generated.

Check whether it changes account turnover and profit or loss. Correct through the journal entry workflow and close again only after reconciliation; do not leave two closings for the same basis.

The tax computation does not match accounting profit or loss.

Check non-taxable income, non-deductible expenses and documented adjustments. Accounting profit or loss and the tax base can differ, but the difference must be explained.

The entry is balanced, but the amount is in the wrong account. How should I check?

Compare the supporting document, partner and debit and credit accounts, including subaccounts. Debit-credit equality checks balance rather than classification. Correct a draft before posting; for a posted entry, check reversal and reposting and its link to the original.