General Ledger financial reporting is available for your fiscal year on accrual or cash basis.
Most, if not all, general ledger entries are generated automatically from the daily work done in the system. Manual entries, which should be few, are handled through Xebra's General Journal window.
There is no need to stop work to close a month. You can continue working straight through to the next month and go back to close the previous month at a later time.