Closing the Current Period

To close the current period:

1. Select the current period from the Work With GST Ledger Setup program (P75I804).

2. Select Close Period from the Row menu.

   The record for the selected period is closed after confirmation and the next period in the P75I804 program becomes the current period. The opening balance amounts for the next period is updated with the closing balance amounts of the current period.

   You must ensure that the next period is available in P75I804 before closing the current period.