Hi Guys, Query from our Auditors as follows: ” Is there a way to close down last years accounts on Bullet? Last years profit and loss figures have not been transferred to a reserves account”. Any Advice?. Thanks. John.
We built Bullet for small businesses not big company accounts. It’s not that big company accounting is bad. But, it doesn’t suit SMBs.
So we built bullet to be day to day.
If they want to do anything outside of our workflows they can just use the Manual Journal Entries. They can manipulate or do anything with Bullet using Journal Entries. Bullets, a full double entry accounting and payroll product.
They find the Manual Journal Entries in Account & Reporting Tools.
Hope that helps.