How do I prepare accruals and prepayments at year end?

Accounts → Year-End Journals (/accounts/year-end-journals). Step 1, Set up & detect: pick the year end (defaults to the most recently completed one, from your financial year), tick the companies, save each company's target balance-sheet account per kind (prepayments, accruals, deferred income, accrued income — suggested from the chart), set detection (materiality, months before and after, AI fallback) and Run detection. Step 2, Worksheet: accept, reject or edit each proposal and add manual entries. Step 3, Journals: one adjustment dated the year end and one reversal the day after, per company and kind; push each to Xero as a draft.