Closing the recurring journal system

Use this procedure to close the recurring journal system.

  1. Define closing controls on System Control (GL01.1). See Defining system controls.
  2. After you transfer all recurring journal entries to the General Ledger application for a period, you can close the Recurring Journal subsystem.
    Note: The closing program checks to ensure that all recurring journal entries for the current period are processed.
  3. If you have closing control selected for the Recurring Journal subsystem, then you must close the Recurring Journal subsystem before you can run Period Closing (GL199) to close the accounting period.
  4. Run Recurring Journal Closing (GL179).