Company Period Close (CB195)
Run Company Period Close (CB195) at the end of each accounting period for companies that have system control selected in Lawson General Ledger. Before you run this program, make sure you have run Bank Transaction Posting (CB175).
Processing Effect
CB195 edits cash ledger transaction dates to make sure all transactions have been transferred to the general ledger for the period being closed. If a transaction date exists that has not been transferred to the general ledger, an exception report is created listing the transactions. When all transactions have been transferred, this program updates system control with the next valid date range and allows the general ledger to be closed for the period.