Yes. You can set the closing date after month end closing process is done.
To set the close date of the books:
From the home page screen
- Select the Company “Gear” (upper-right-corner)
- Select “Company Settings” under Settings
- Select “Advanced”
- Select “Accounting” tab
- Select “Close the books” under Accounting
- Select “Closing date” and choose protection level setting
Obviously, admin user will need to change this closing date every month.