Closing cash ledger company periods

If you use closing control, you must close your Cash Management period before you can close Global Ledger.

If you used system control in Global Ledger, then you must process the company period closing at the end of each accounting period. When you close a company period, bank transaction dates are edited to ensure that all transactions have been transferred to Global Ledger for the closing period.

If a transaction date exists that has not been transferred to the general ledger, then an exception report is created that shows the transactions. When all transactions have been transferred, system control is updated with the next valid date range and Global Ledger can be closed for the period.

  1. Sign in as Cash Accountant and select Process Month End > Cash Ledger Company Period Close.
  2. Specify this information:
    Cash Management Group
    Select a Cash Management group.
    Company or Company Group
    Specify either a valid general ledger company number or a company group for which to process the period close. A company group represents one or more companies. Only companies with system control are processed.
    Update Unreleased And Pending Approvals
    Select this check box to update the posting date on all applicable transactions and distributions.
    New Post Date
    Specify the new posting date to update all applicable transactions and distributions. If this field is blank, the company's next period ending date is used.
    Update
    Specify the update option. If Update Unreleased And Pending Approvals is selected, then update must be set to Yes.
  3. Click Submit.