Closing a period with final close

The final close action is irreversible. Periods must be in Limited Close status to be eligible for Final Close.

You can select multiple periods for Final Close.

  1. Select Processing > Period Close > Close Period.
  2. Select the periods to close. You can use the search bar to find the specific period or periods.
  3. Select Actions > Final Close. The selected periods are changed to Final status. You can no longer create journal entries against the periods.