Accounts Payable Year Create

Menu Path: Accounts Payable $Images\bluerarw.gif$ Posting and Period Controls $Images\bluerarw.gif$ Accounts Payable Year Create

Purpose

Open a new accounts payable posting year.

Overview

Use Accounts Payable Year Create to create new accounts payable years.

Note The accounts payable year you want to open must already exist in the general ledger. Use General Ledger Year Create to open a new year in the General Ledger module. When you open a new general ledger year, forward balances and retained earnings are calculated.

To open a new accounts payable year, enter a new year and click the OK button in the ribbon.

Note Creating a new year does not close the previous current 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 Year Create window.
OK	Click this button to create the new accounts payable year.

General Tab Fields and Buttons

Field or Button

Description

Current Year

This field displays the current accounts payable year.

New Year

Enter the accounting year you are opening.

Note Opening a new year does not change the default accounting year.