Accounting Period Closure

Function to close an accounting period within a given fiscal year in the system. Once an accounting period is closed, no posting of entries are allowed.

Navigation

1. From the homepage, go to Finance module.

2. Navigate to the General Ledger and Accounting Period Closure.

Guide

1. Click the Create New button.

2. Select the business entity and last accounting period to close.

3. Once done, click the Save and Close button.

Related Articles

• Accounting Period Re-opening
• Fiscal Year Closure
• General Journal (Manual Journal)