Close Accounting Period For User Group

Explanation

Use this activity to close an accounting period for a user group per ledger. 

Prerequisites

Before the accounting period for a user group is closed, the following must have been completed:

• The user group must not have any vouchers for the accounting period in the hold table.
• If you are going to close an IL period, the corresponding GL period must be closed first.

System Effects

As a result of this activity, the user belonging to the user group cannot enter postings on this accounting period.

Window

Accounting Periods

Related Window Descriptions

User Groups per Period 

Procedure

Use this procedure to close the accounting period for a user group:

1. Open the Accounting Periods window.
2. Query for the accounting year and the ledger in which you want to open/close the accounting periods.
3. Select the line containing the period you want to close.
4. Right-click and then click User Groups per Period.
5. Select the line containing the user group and the ledger that you want to close.
6. Right-click and then click Close Period.