What is the Year-End Journals page for?

The year-end cut-off, prepared from the invoices themselves. Pick the year end, choose the companies, and Saral reads every sales and purchase invoice line around that date for a service period — '1 Jan to 31 Dec', 'quarter to 31 March' — apportions it straight-line and proposes the accrual, prepayment, deferred income or accrued income. A person accepts, rejects or edits each proposal on the worksheet and adds the manual entries (the audit fee, the corporation tax provision), then one consolidated adjustment journal and one reversal per company and kind are pushed to Xero as drafts for final posting there, each carrying the calculation sheet an auditor will ask for. You enter: The year end to work, the companies to scan, and the detection settings: materiality, months before and after the year end, whether AI may read an unlabelled line; The target balance-sheet account per company for each kind — prepayments, accruals, deferred income, accrued income — suggested from the chart of accounts; Accept, reject or reset each proposal, singly or in bulk; an edited service period or adjustment; a manual entry with its amount, account, basis and whether it reverses; Push a journal to Xero, and Attach sheets to posted journals that have none. Saral fills: Every invoice line with a readable service period, how it was read (a rule or AI), the days each side of the year end and the adjustment the straight-line split gives; Rows skipped and why — below materiality, foreign currency, source missing — shown greyed rather than dropped; Accepted totals by kind and the net effect on the P&L and balance sheet; on re-detection, your decisions and manual entries are kept and a changed line is shown beside your figure; The journals: one adjustment dated the year end and one reversal the day after, per company and kind, built from the accepted rows; the calculation sheet for each, with the workings per line and a link to the invoice in Xero. It produces: Draft manual journals in each company's Xero — adjustment and reversal — with the calculation sheet attached, for the accountant to review and post there; The posting and reversal record and the sheets, which the Audit File reads for its journals finding. Where the settings live: The financial year end is set once on Settings → Financial year and read here. The target balance-sheet accounts are saved per company on the Set up & detect step, the one place they are edited. Materiality and the months either side are per run and remembered on the page. The page needs the invoices permission; pushing needs a connected Xero organisation for the company, and a Xero lock date covering the journal date stops the push and says so.