Closing the period
Closing is the hinge between two periods. Check the plan, record the money you saw, then let Letnook preserve the old period and start the next one.
Before you close
- Resolve or deliberately leave every missing input visible.
- Credit payments and forwarded slips that arrived.
- Review due and overdue spots on the plan.
- Export or back up first if you need a separate handoff record.
What the close does
Letnook files the current period into history, carries each unpaid balance forward, and uses the current meter reading as the next previous reading. One-off late fees and discounts do not silently repeat.
Read next
The collection round
Use Letnook's collection round to work through paid, due and overdue spots, see missing inputs and record what has arrived.
NextCharge rules
Set Letnook charge rules for base rent, a capped turnover share, metered power, day pitches, late fees and discounts without hiding missing inputs.
NextBackup and restore
Keep Letnook's book on the device, sync it through your iCloud and use Pro's versioned iCloud Drive backups to restore after a mistake or device change.