The finance team is busy with the year-end closing.
Финансовая команда занята закрытием года.
Definitions
Year-end closing refers to the process of finalizing all financial transactions and accounting records for a fiscal year, ensuring that all income, expenses, assets, and liabilities are accurately recorded and reported. This process typically includes reconciling accounts, preparing financial statements, and making necessary adjustments before the start of the new fiscal year.
