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accounting_close_period

Close an accounting period: lock the window [start_date, end_date] and post a balanced closing entry that rolls the period's net income into equity (current-year earnings for a month/quarter close, retained earnings for a fiscal-year close). Periods must not overlap an existing closed period. Aft...

Medium RISK CLASS
Category Write
Parameters 51 required
Recommended Rate-limitedsee the rule below
Registry record Grade F, identity unverified Pull the record →

This record as markdown: /tools/lovieco-lovie-company-formation-mcp-npx/accounting-close-period.md

What accounting_close_period does on Lovie Company Formation MCP

AI agents use accounting_close_period to create or update resources in Lovie Company Formation MCP, usually the action step of a workflow, after the agent has gathered context. Every call changes real data in your Lovie Company Formation MCP environment.

ParameterTypeRequiredDescription
basis string —
endDate string —
companyId object Yes UUID value wrapper.
startDate string —
granularity string —

Parameters from the server's own tool schema.

Why accounting_close_period is rated Medium

An AI agent can call accounting_close_period faster than any human can review: one bad instruction and it creates or modifies resources in Lovie Company Formation MCP by the hundred, each call as confident as the last.

Risk signalsBulk/mass operation — affects multiple targets

Questions about accounting_close_period

What does the accounting_close_period tool do? +

Close an accounting period: lock the window [start_date, end_date] and post a balanced closing entry that rolls the period's net income into equity (current-year earnings for a month/quarter close, retained earnings for a fiscal-year close). Periods must not overlap an existing closed period. After closing, writes dated inside the window are rejected until the period is reopened. Re-closing the same window is a no-op. Multi-currency companies get one closing entry per currency. Every close is audit-logged. It is categorised as a Write tool in the Lovie Company Formation MCP MCP Server, which means it can create or modify data. Consider rate limits to prevent runaway writes.

What parameters does accounting_close_period accept? +

accounting_close_period accepts 5 parameters: basis, endDate, companyId, startDate, granularity. Required: companyId. The full parameter table on this page comes from the server's own tool schema.

How do I enforce a policy on accounting_close_period? +

Register the Lovie Company Formation MCP server in PolicyLayer and add a rule for accounting_close_period: allow, deny, rate-limit, or require approval. Point your MCP client at the PolicyLayer proxy URL and the rule is enforced on every call, before it reaches Lovie Company Formation MCP. Nothing to install.

What risk level is accounting_close_period? +

accounting_close_period is a Write tool with medium risk. Write tools should be rate-limited to prevent accidental bulk modifications.

Can I rate-limit accounting_close_period? +

Yes. Add a rate_limit block to the accounting_close_period rule in your PolicyLayer policy. For example, setting max: 10 and window: 60 limits the tool to 10 calls per minute. Rate limits are tracked per agent session and reset automatically.

How do I block accounting_close_period completely? +

Set action: deny in the PolicyLayer policy for accounting_close_period. The AI agent will receive a policy violation error and cannot call the tool. You can also include a reason field to explain why the tool is blocked.

What MCP server provides accounting_close_period? +

accounting_close_period is provided by the Lovie Company Formation MCP server (lovie). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

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