Close Period

When you have finished working with a financial period you can finalise it via the close functionality.

Close a period, as follows:

1. Open the appropriate entity and select the period that is to be closed.
2. Close the period as follows:
   • Select Financial Period | Close to open the Close Financial Period dialog The dialog opens with Close period check box pre-selected.
   • Open the Manage Financial Periods dialog and click Edit to open a period in the Edit Financial Period dialog. Select the Close period check box.
3. Click OK.

You will not be prompted to update the period to a later template if one is available.