Close Period
Article Contents: This article explains how to close a General Ledger period after entering journal entries and verifying financial statements. It includes ensuring all entries and templates are posted before closing the month.
Step-By-Step:
Step 1: Select Close Period from the General Ledger menu
Step 2: Select the year
Step 4: Click “Save & Close”. This will update the General Ledger AND Accounts Payable Earliest Transaction Dates.
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