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closed books indicator product update #1689
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title: "Introducing Accounting Closed Books Date Indicator" | ||
date: "2025-10-03" | ||
tags: ["Product", "Update", "Lending"] | ||
authors: ivasiutkova | ||
--- | ||
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You can now see whether your customers’ accounting books are closed — and the date they were last closed. | ||
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<!--truncate--> | ||
:::note Available as beta release | ||
This endpoint is part of a beta release. Please contact your account manager if you want to enable it. | ||
::: | ||
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## What's new? | ||
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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**. | ||
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The Closed Books Indicator is available across all supported accounting integrations. | ||
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## Who is this relevant for? | ||
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All clients who need to know when their customers have officially closed their books to improve financial analysis and credit decisioning. | ||
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## How to get started? | ||
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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. | ||
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