At the end of a financial year, goals are closed or archived. This process typically involves:

1. Creating a New Financial Year: A new financial year is set up in HR Plus.

2. Closing the Current Financial Year: The current year is marked as "Closed," making it read-only and archiving all associated goals.

3. Duplicating Repeatable Goals (optional): Goals marked as "Repeatable" are automatically duplicated into the new financial year. These duplicated goals can then be reviewed, edited, and assigned as needed.

Archived goals are still accessible for historical reference and performance analysis, providing valuable insights for future goal setting and strategic planning.