Editing an Accounting Period
You can edit or delete an accounting period after it has been set up. You cannot delete an accounting period after it has been closed. In addition, you cannot delete an accounting period with transactions posted to it. You must first edit the transactions, change the posting period and then delete the period.
For instructions for setting up a period for the first time, see Setting Up Single Accounting Periods and Setting Up Single Accounting Periods for Subsidiaries.
To edit a periods:
-
Go to Setup > Accounting > Manage G/L > Manage Accounting Periods.
-
On the Manage Accounting Periods page, click the link for the period that you want to edit.
-
To delete the period, from the Actions list, select Delete.
If the Delete option is not available, you cannot delete the period. The following types of periods cannot be deleted:
-
Closed periods
-
Periods with sub-periods
You must first delete all sub-periods before you can delete a period. For example, before you can delete a quarter you must first delete all of the months included in the quarter.
-
-
On the Accounting Period page, edit any of the following fields:
-
Period Name
-
Start Date
-
End Date
-
Allow Non-G/L Changes – You can check this box only while a period is locked or closed. For more information, see Permissions Related to Accounting Periods.
-
Sub-period of
-
Period is Adjustment
-
-
With the Multiple Calendars feature enabled, you can also edit the Fiscal Calendar field or add or remove a fiscal calendar assigned to a base accounting period.
-
Click Save.