Setting Data Selection and Sequence for Annual Close

You cannot close multiple years at the same time. You must close them consecutively, one year at a time. To help ensure a successful close, observe these rules for data selection and sequence:

• For data selection, enter the company and fiscal year. Do not specify any other data selection.

• If you close multiple companies to the same retained earnings account:

  • The companies must have the same fiscal date pattern.

  • You must use a single version that selects all of the companies that are being closed together.

• For data sequence, the sequence must be by fiscal year, company, and ledger type; do not change it.