Company System Closing Control integrating with Close Management
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
Calendar
Before integrating Company System Closing Control with Close Management, ensure that the calendar setup is consistent. The period frequency defined in Close Configuration must match the period frequency used in Close Management.
Linking Company System Closing Control to a Close Task
A Close Task field is available in Company System Closing Control after the system control record is saved to associate a subsystem closing process with a Close Management task. A Close Task can be linked to one or more System Codes.
When selecting a close task, only close period tasks that is Open for work in Close Management and be in a Scheduled or In Process status are available for selection.