You need to create a new group financial statement to initiate a financial closing in group consolidation.
If the previous fiscal year period is locked, a purple button with the text "New fiscal year period" will appear. Click on the button.
If the previous financial statement is unlocked, the button is located higher up and light blue.
After creating a new fiscal year period, a popup will appear. Then select the financial year, financial statement type, and period. Please note that it is not recommended to mix different financial statement types. Then choose "Save".
Now that you have created a group financial statement proceed to part 2 to continue.
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