Close Procedure
Explanation
This activity is used to close a selected cost allocation
procedure. This is done when the cost allocation is finalized.
Prerequisites
In order to perform this activity:
- All the steps of the selected cost allocation
procedure should be executed.
- The status of all the distributions and factors of
the selected cost allocation procedure should be either Prepared or
Used.
- If the allocation type of the selected cost
allocation procedure is Actual, all the vouchers generated for it
should be updated to the relevant ledger.
System Effects
As a result of this activity:
- The status of the procedure will change to
Closed and the system date will be automatically displayed in the
Date Closed field. The user ID used to perform this activity will be
automatically displayed in the User ID field.
- It will not be possible to modify the cost
allocation procedure. If there are no subsequent cost allocation procedures
of the Active status, you can change the status of a closed cost
allocation procedure to Active for the purpose of modifying it.
Window
Cost Allocation
Procedures
Related Window Descriptions
Cost Allocation Procedure
Procedure
To close a cost allocation procedure:
- Open Cost Allocation Procedures
window
and search for the procedure
you want to close.
- Select the procedure, right-click and then click
Set Closed.