Closing the Inventory Control period

Closing the Inventory Control period is a process that enables the Inventory Control application to share transaction and account information with the General Ledger application. This process is necessary to keep accounts across all Lawson applications in balance. The following procedure explains the process of closing the Inventory Control period.

After you close the Inventory Control period, close the General Ledger period. For more information on closing an accounting period, see the General Ledger User Guide.