If this session is run in job mode, this date determines the year and periods.
Close Periods (tfgld1206m000)Use this session to close and finally close periods for administrative reasons. You can close the periods for a number of financial companies of the financial company group. Closing periods To close a period:
Note
Important! Periods can only be finally closed when all the recurring invoices are posted. Closed periods You cannot create transactions in a closed period. However, a period with the status Closed can be reopened in the Period Status (tfgld0107m000) session. You cannot reopen a period that has the status Finally Closed.
Settings Job Reference Date If this session is run in job mode, this date determines the year and periods. Year Select or enter the fiscal year to which the financial transactions are linked. Module Select the module for which you want to close the periods. Note Before you can close the periods for the General Ledger, you must close the periods for these modules:
Final Closing If this check box is selected, LN finally closes the period. The period has the status Finally Closed and you cannot reopen the period to process remaining transactions. If this check box is cleared, the period has the status Closed, but you can reopen it. Selection Range Fiscal Period If this check box is selected, you can specify a range of fiscal periods. Reporting Period If this check box is selected, you can specify a range of reporting periods. Tax Period If this check box is selected, you can specify a range of tax periods.
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