Advance Period

Period advance is a fundamental operation that closes the current accounting period and opens the next one, processing all pending depreciation.

How it works

When advancing the period:

1. The system calculates depreciation for all eligible assets
2. Accounting balances are updated
3. The current period is closed
4. The next period is opened

Perform advance

1. Go to Operations → Advance Period
2. Check the current period and the next one to be opened
3. Click Advance Period
4. Confirm the operation

Important

Period advance is an operation that affects all assets. Make sure all operations for the current period (write-offs, transfers, acquisitions) are completed before advancing.

Processing

Period advance is processed in the background. You will receive a notification when processing is complete.

During processing:

• No other operations can be performed
• Progress is displayed on screen
• If any error occurs, the system automatically rolls back