Skip to content
logo Knowledgebase

Can I make entries to closed periods in Property Management?

Created on  | Last modified on 

Summary

Considerations and steps for making entries to prior periods or the prior year in Property Management.

Resolution

Property Management allows prior period entries, but General Ledger settings may prevent them.

Allowing entries to closed periods in General Ledger:

  1. In General Ledger, from the File menu, select Company Settings, GL Settings.
  2. Click Processing Options.
  3. Select the Allow entry to closed period check box.
  4. Click OK twice.

Notes:

  • This allows all interfacing applications and General Ledger to make entries to a closed General Ledger period.
  • These entries will not post unless you open the period for posting in General Ledger.

Refer to How do I record and post entries to a closed General Ledger period? for more information about posting entries to a prior period in General Ledger.