Payables period and year end close

Specific procedures must be performed to close an accounting period or a fiscal year.

If you use the closing control options that are part of the Global Ledger system control, you must run the Payables period closing program before closing Global Ledger.

For more information about closing periods or year end, see each individual application's user guide or the Close Management User Guide.

If your organization uses subsystem control, we recommend that you close the subsystems in this order: