Closing selected periods

You can apply a Limited Close action to selected periods. Each period is associated with an accounting entity and ledger.

  1. Select Processing > Period Close > Close Period.
  2. Select the periods to close. You can use the Search button to find the specific period or periods.
  3. Select Actions > Limited Close. The selected period or periods are changed to Limited Close status. You can no longer enter journal entries for limited close periods, but you can open them for backposting.