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Open/Close G/L Accounting Periods

Open/Close G/L Accounting Periods​

From the menu select General Ledger > Administrative > Open/Close G/L Accounting Periods

This program allows you to open and close accounting periods. Warning: Any closed period after the one you are re-opening will also be opened. Closing an accounting period stops any posting, billing, and invoicing routines from accessing this period.

Note: This process does not reverse any journal entries created through the year-end closing process. If you are re-opening a year-end to make adjusting entries, you can either reverse the original closing journal Transactions or simply make your adjustments and run the Year-end Closing process again.

General Rules If you re-open a period, all periods after this period will also be re-opened.

  • You cannot close a period and leave periods prior to this date open; you will get the error message: Period YYNN must be closed first. Close all previous periods.

**WARNING ACCOUNTING PERIODS SHOULD NOT BE CLOSED WHILE USERS ARE ON THE SYSTEM. WE SUGGEST WAITING TO CLOSE ACCOUNTING PERIODS AT THE END OF THE BUSINESS DAY.**

  1. Company - Enter the Company number you want to open or close accounting periods in or press F6 to list the valid companies.
  2. Once a company number is entered, the accounting periods will display starting with the first valid period on your system. It may be necessary to scroll forward through the periods to see the period you want to open or close.
  3. After selecting the period to open or close, click the save button, then log out of DockMaster and back in to complete the process.