Processing period end tasks

This chapter focuses on closing a General Ledger period when using currency revaluation or currency translation. For more information on period-end tasks that do not involve currency processing, see the General Ledger User Guide.

You must release and post all journal entries before you can close a period. If you use currency exchange, currency translation, or both, then ensure that you have followed the setup directions. See Performing basic setup tasks, Setting up currency exchange, and Setting up currency translation.