--- title: What is Closing the Books? description: In accounting, the word “books” refers a company’s record of financial transactions. The term “closing the books” refers to an accounting procedure that happens at the end of each month or designated --- [Skip to content](https://help.occupier.com/knowledge/what-is-close-books#main-content) English Show submenu for translations [Customer portal](https://help.occupier.com/tickets-view?hsLang=en) ![H-Teal (1).svg\]](https://help.occupier.com/hubfs/H-Teal%20(1).svg) - [Tickets](https://3455891.hs-sites.com/tickets-view) - [Sign out](https://3455891.hs-sites.com/_hcms/mem/logout) Open main navigation Close main navigation - [Tickets](https://3455891.hs-sites.com/tickets-view) - [Sign out](https://3455891.hs-sites.com/_hcms/mem/logout) - English Show submenu for translations - [Customer portal](https://help.occupier.com/tickets-view) Hi there! How can we help? - There are no suggestions because the search field is empty. 1. 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The “closing the books” procedure helps ensure that the data entered into the accounting records are accurate so financial reports can be created and finalized.  For information on how to close books in Occupier, refer to the article [here](https://help.occupier.com/knowledge/how-do-i-close-the-books-using-occupier?hsLang=en).  ***\*We DO NOT recommend closing the books until you have had a few successful closes with Occupier. 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