Period review and period lock

LedgerHQ does not use a separate month-end close worksheet or a report-ready gate. Use Monthly review for the look-once habit, then use a period lock when the firm wants to prevent later backdated changes. Year-end is a handoff, not a report download.

Review The Period

Use the company's reports, account registers, Bank Feeds, Statements, and Bank Recs to review the period. Check the report basis and dates, investigate reconciliation differences, and handle Ask Client rows or client requests that need attention.

Reconciliation and statement coverage are evidence for that review. Neither certifies that every transaction that should exist has been entered.

Save A Period Lock

Open the company Settings page and find Period Lock. LedgerHQ can show a reconciliation-based suggested date when the tracked accounts have completed reconciliations. Select Use date, review the date, and save the lock when it matches the firm's policy.

The suggestion is not applied automatically. A period lock prevents later backdated changes on or before the saved date. It does not create, correct, or certify the accounting work that was reviewed.

Tally's Role

Tally can explain reports, review reconciliations, find follow-up work, and prepare supported actions under the firm's authority settings. A period lock, destructive correction, externally visible delivery, or other protected change still follows the normal human decision and authorization path.

For a reconciliation procedure, see Bank reconciliation. For report basis and exports, see Reports.