Opening a period for backposting

To post transactions to a period in Limited Close status, you can open the period for backposting. Each period is associated with a single accounting entity and ledger.

  1. Select Processing > Close.
  2. On the Period Close panel, select Period Status by Ledger.
  3. Select the period or periods to open for backposting. You can use the Search button to find the specific period or periods.
  4. Select Open For Back Post. The selected periods are changed to Backpost status. You can now create journal entries for these periods.