Closing an Accounting Period for Multiple Companies

Access the Global Period Close form.

The functionality of this form is the same as the Company Setup form except that you can close the accounting period and, if applicable, the fiscal year for multiple companies. To do this, the companies must have the same current period and fiscal year.

Current Period

Increment by 1 the value in this field for General Ledger, Financial Reporting, Accounts Payable, and Accounts Receivable.