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It is not necessary to close a period before opening the next reporting period. However, if the user prefers to close a period after they have completed processing and have balanced for that period, they can do so. A pop up message will indicate the Posting Period is being closed and will not let the user proceed while updates are being made to the system. 
NOTE: If a Posting Period is re-opened, the Monthly Bundle will automatically run again when the period is closed adding to any existing Monthly reports already populated in the Monthly Report Archive. For information on disabling report bundles, please see Disable Automatically Generated Report Bundles.
- From the Core menu select 'Posting Periods'
- Click on
beside the posting period the user wants to close - The function on the grid have now changed beside that posting period to show the option to open the period
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