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BSM EOY: Year End procedures and data purging

Finalizing year-end activities and managing data purge in BSM

Updated over 3 weeks ago

Please proceed with the steps below:

  1. Ensure you have posted all information to accounts for the financial year.

  2. Go to housekeeping, general setup, and financial period, and change the closing date to financial year closing example (31/12/2024) to enable the new year (example) 01/01/2025 to 31/12/2025.

  3. Go to housekeeping, administrative tools, purge data.

  4. The software removes all transactions from the previous year. Only invoices that have not been paid or are outstanding will remain.

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