Automatic completion of associated Close tasks

When a subsystem period is closed from one of the supported application areas, the associated Close task is automatically updated and completed. The Company System Control details are also refreshed with the current Closed Year, Closed Period, and Period Name values.
These subsystems are supported:
  • Asset Management
  • Billing
  • Cash Ledger
  • Franchise Management
  • Inventory Control
  • Lease Management
  • Payables
  • Purchasing
  • Receivables
Note: A subsystem period cannot be closed in these instances:
  • When the associated Close task has no assigned task owner.
  • When the associated Close task is not scheduled and open for work.

    In these situations, the Close process is blocked until the requirements are satisfied.