Posting period is a period within a fiscal year for which transaction figures are updated. Transaction dates will be required to be in an open (not necessarily current) posting period.
Create Posting Period
- From the Admin menu select 'Posting Periods'
- Click on
- Enter in the required information:
- Check the
box if the user wishes to make this new posting period the current one. - Click on
to create the posting period, click on X to not create the posting period and return to the Posting period grid.
Open/ Re-Open Posting Period
It will no longer be necessary to completely close out before opening the next reporting period. A user can re-open prior posting periods when corrections need to be made.
- From the Admin menu select 'Posting Periods'
- Click on
beside the posting period the user wants to open - The function on the grid have now changed beside that posting period to show the option to close the period
- From the Admin 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
- From the Admin menu select 'Posting Periods'
- Search for desired posting period
- Click on
beside the posting period the user wants to make currentOnly one period can be made current at a time
- The functions on the grid have now changed beside that posting period to show the column as blank. When another posting period is made current the
will appear again giving the user the option to make it current once again.
More Information
The import process will create 'previous' posting periods. Any posting period not in the current fiscal year will be set to archived with the exception of the last month (June) in the year just prior to the current fiscal year. Archived posting periods can not currently be 're-opened'.
If a posting period exists in a future fiscal year it will not be archived either.