Month-end close in VitalReturns is five concrete steps. This post walks through each one so your first close is boring, which is exactly what you want.
1. Reconcile every bank account
Statement imports are automatic on supported banks. Clear any unreconciled rows before moving on.
2. Review AR + AP ageing
Chase anything over 30 days.
3. Post period-end adjustments
Accruals, prepayments, depreciation. VitalReturns pre-populates recurring entries.
4. Lock the period
This freezes journals and prevents mutation.
5. Generate statutory + tax reports
P&L, Balance Sheet, Cash Flow, VAT return, PAYE return — all drawn from the locked ledger.