Period

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This component runs the Change Period (CPD) function and allows you to change the current accounting period used in all SunSystems modules; Financials, Inventory, Purchasing and Sales.

The current period is the default accounting period used for posting journals and transactions. It also appears as the default period when printing reports, calculating depreciation, etc.

Preparing to Change the Period

You should take care when using this component in a multi-user environment. The current period is read as each operator logs in to SunSystems, and this period applies throughout the session. Therefore, if the current period is amended, the new period is not effective for other operators currently logged in.

It is standard practice to print audit trail reports, such as Account Listing, Journal Listing and Trial Balance, before moving to a new period.