When you add, edit, or delete accounting periods, a batch process runs in the background to align existing transactions with the appropriate accounting period. You cannot make additional changes to accounting periods until this process finishes. With changes such as adding a single accounting period, the process completes quickly. For other changes such as modifying the date range for a period, setting up a full year, or enabling the Accounting Periods feature and creating accounting periods, the process can require more time to complete. If you attempt to make changes to accounting periods before the batch process completes, you are prompted to wait until the process completes before making any more changes to accounting periods.
To view the status of changes to accounting periods, go to Setup > Accounting > Manage GL >Manage Accounting Periods > Status.
The batch job status can be Complete, Processing, Pending, Deferred, or Failed.