diff --git a/blog/251003-closed-books-indicator.md b/blog/251003-closed-books-indicator.md new file mode 100644 index 000000000..1e3c119f2 --- /dev/null +++ b/blog/251003-closed-books-indicator.md @@ -0,0 +1,31 @@ +--- +title: "Introducing Accounting Closed Books Date Indicator" +date: "2025-10-03" +tags: ["Product", "Update", "Lending"] +authors: ivasiutkova +--- + +You can now see whether your customers’ accounting books are closed — and the date they were last closed. + + +:::note Available as beta release +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](/lending/overview) 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](/lending-api#/operations/get-closed-books-indicator) to implement the Closed Books Date Indicator in your application. +