Financial Management Authority
Closing of accounting for the year 2025
23rd January 2026
According to the closing schedule, the General Ledger (GL) will be closed on 31 January 2026 for all periods of the year. This means that it will no longer be possible to post transactions to the financial system for the year 2025.
Most subsystems have been closed in accordance with the published processing and submission deadlines.
All key information regarding the year-end closing can be found here: Year-End Closing | Fjársýslan, and we also draw attention to the Checklist with explanations for the closing.
Click here to read the email (icelandic) that was sent to contacts regarding the closing of the accounting for the year 2026.