# Close

> Close — The process of finalizing a period.

Source: https://lopifi.com/glossary/close
Part of: Lopifi — US GAAP books on autopilot, checked by a CPA (https://lopifi.com)

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**What is close?** In accounting, close means the process of finalizing a period.

## Words this system refuses for it

- month end as a verb

- **Category:** Close
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Rendered by:** [close-checklist](https://lopifi.com/md/components/close-checklist), [close-status](https://lopifi.com/md/components/close-status), [kpi-health-strip](https://lopifi.com/md/components/kpi-health-strip)
- **Related:** period