How do I record and post entries to a closed General Ledger period?
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[BCB:5:Third-party support:ECB]

 

Follow the steps below to record and post entries to a closed General Ledger period:

  1. In General Ledger, from the Tasks menu, select Open/Close Posting Period.
  2. Select the appropriate prefix and click OK. Skip this step if you do not use prefixes.
  3. Clear the check box that corresponds to the period that you want to open and then click Accept.
    Note: The period must be available in Tasks, Open/Close Posting Period to open the period and to allow entries to post to the period.
  4. Record the entries in the appropriate application and post them to the General Ledger.
  5. In General Ledger, from the Tasks menu, select Post Entries.
  6. Click Ranges, select the batch, and then click OK.
  7. Click Start and direct the posting journal to a file or printer.
  8. Repeat steps 1-3, but now select the check box that you previously cleared.

Note: If the entries are for a prior fiscal year, the year will need to be re-closed. Refer to the article: How do I close prior year adjustments to retained earnings? for instructions. Entries posted to a prior fiscal year affect your prior year's financial statements. Entries to income statement accounts in a prior year are prior year adjustments that affect retained earnings when you re-close your year.



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