Edit Accounting Periods in Thrive Accounts
Trojan Support User
13 steps
31 seconds
Thriveaccounts
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Navigate to <https://app.thriveaccounts.com/> and open the Admin module.
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Click "Accounting Periods"
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Here you will fine the current and closed accounting periods for each module within Thrive. If you haven't changed your closed periods before, these will be the period you setup your company in.
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When you have moved to a new accounting period, you can edit the current period for a module so your transactions are recorded correctly. To do so, open the overflow menu,
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then click "Edit".
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Then enter the current period here.
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Click "Save" to apply your changes.
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Thrive will now prompt you for the current period for that module.
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Once you have finished accounting for previous periods, you can close those periods by opening the overflow menu,
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Clicking "Edit",
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and updating the closed period.
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Click "Save"
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Now, if you attempt to save a transaction in a closed period, you will get a warning about how the period must be an open period - saving you from entering into a period already accounted for.
For any further information on accounting periods, please contact the Thrive support team.