As soon as your business accounting period comes to a close, all your sales and purchase transactions must have been reconciled with your bank account statements. At this time it’s quite common for business owners to ask for a feature to freeze the previous transactions from editing, deleting or from adding any new transactions. Transaction Locking comes in handy for such instances.
To enable transaction locking, navigate to Accountant -> Transaction Locking and select the checkbox against Enable Transaction Locking.
- Set the date prior to which you want the transactions to be locked.
- Enter a reason for your reference.
- Click on Save.
Now transactions prior to the date will be locked.
To have a report of your transaction locking activities,
- Go to Reports > Activity > Exception Report and run your report with the appropriate date range criteria.