Accounts Payable Period Close

Menu Path: Accounts Payable Posting and Period Controls Accounts Payable Period Close

Purpose

Close accounts payable periods, preventing additional posting.

Overview

Use Accounts Payable Period Close to close periods.

Closing Periods

To close periods:

1. Click the Lookup button at the right of the Year field and select a year for which you want to close periods.

Note You can only change the year if the Allowed to Access All Years check box is selected in User Profile Maintenance.

2. Select the Close check box for periods you want to close.

Note You cannot close any periods that have unposted payments or charges.

3. Click the OK button in the ribbon. The selected periods are closed, and no longer can be selected for the Accounts Payable module.

Note Closing all periods in a year does not close the year. You must use Accounts Payable Year Close to close a year.

Ribbon Home Tab Buttons

Button	Description
Exit	Click this button to close the Accounts Payable Period Close window.
OK	Click this button to close the selected accounts payable period(s).

General Tab Fields and Buttons

Field or Button	Description
Current Period	This field displays the default current period.
Year	Click the Lookup button to select the year for which you want to close accounts payable periods. This defaults to the default year. Note You can only change the year if the Allowed to Access All Years check box is selected in User Profile Maintenance.
Periods	These fields display the defined accounting periods.
Status	These fields display the status (CLOSED or OPENED) of each period.
Close	Select this check box for periods you want to close. This check box is only available for periods that are open for the selected year. This check box is not available for the current period. Note You cannot close periods for which there is open activity.

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