Introducing Accounting Closed Books Date Indicator
You can now see whether your customers’ accounting books are closed — and the date they were last closed.
This endpoint is part of a beta release. Please contact your account manager if you want to enable it.
What's new?
The Closed Books Date Indicator is now available via API as part of Codat’s Lending solution.
This parameter lets you determine the most recent accounting period officially closed by a business.
It supports more accurate and efficient credit risk decisions by ensuring your analysis is based on complete and reliable financial data.
The Closed Books Indicator is available across all supported accounting integrations.
Who is this relevant for?
All clients who need to know when their customers have officially closed their books to improve financial analysis and credit decisioning.
How to get started?
Contact your Account Manager or our support team to enable this feature.
Once enabled, follow our API documentation to implement the Closed Books Date Indicator in your application.