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31 changes: 31 additions & 0 deletions blog/251003-closed-books-indicator.md
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---
title: "Introducing Accounting Closed Books Date Indicator"
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title: "Introducing Accounting Closed Books Date Indicator"
title: "Introducing Closed Books Date Indicator for Lending"

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.

<!--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.
:::

## 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.

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