General Ledger Period Open

Menu Path: General Ledger $Images\bluerarw.gif$ Posting and Period Controls $Images\bluerarw.gif$ General Ledger Period Open

Purpose

Reopen general ledger periods, allowing additional posting.

Overview

Use General Ledger Period Open to open closed general ledger periods. You can have as many open general ledger accounting periods as you want. If you closed any periods using General Ledger Period Close, you can easily reopen them.

Opening Periods

To open periods:

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

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

Verify the appropriate ledger ID is entered in the Ledger ID field.
Select the Open check box for periods you want to open.
Click the OK button in the ribbon. The selected periods are opened, and can be selected in the General Ledger module.

Ribbon Home Tab Buttons

Button	Description
Exit	Click this button to close the General Ledger Period Open window.
OK	Click this button to open the selected period(s).

General Tab Fields and Buttons

Field or Button	Description
Current Period	This field displays the current accounting period.
Year	Click the Lookup button to select the accounting year for which to open periods. This defaults to the current default year. Note You can only change the year if the Allowed to Access All Years check box is selected in User Profile Maintenance.
Ledger ID	Enter a ledger ID for which to open periods, or click the Lookup button to select a ledger ID.
Periods	These fields display the defined accounting periods.
Status	These fields display the status (CLOSED or OPENED) of each period.
Open	Select this check box for periods you want to open. This check box is only available for currently closed periods.