Accounting period control
You must be able to independently control the
periods that are open for posting in financial areas such as general ledger, accounts
receivable, and accounts payable. Control must cover the prior, current, and future period
posting. You must be able to control when users, and which users, can post to specific
periods.
How Infor meets this requirement
Accounting periods are defined on the Accounting Periods form. Through group authorizations, you can control who is allowed to post outside of the current period.
See the help topic About Accounting Periods.