Reopening a Closed Period
When a period is closed, it is considered complete and no one can add or make general ledger impacting changes to posting transactions for the period. If a period that has been closed requires later changes, you must reopen the period before these changes can be completed.
You must have the Override Period Restrictions permission to reopen a period.
If your user role has the Period Closing Management permission and the Allow Quick Close of Accounting Periods preference is enabled, you can close one or more accounting periods with a single click. For more information, see Using Quick Close to Close Periods.
If you use Multi-Book Accounting, you can individually close and reopen accounting periods associated with any accounting book, without impacting your other accounting books. You choose the accounting book for which you want to close a period through the Filters section at the top of the Manage Accounting Periods page. The accounting books available for selection depend upon your user role and associated permissions. For more information about the Extended Accounting Period Close Process feature, see Accounting Book Period Close Management.
These restrictions do not apply to non-posting transactions such as sales orders and return authorizations. See Non-Posting Transactions in Locked and Closed Periods.
To reopen a closed period:
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Go to Setup > Accounting > Manage G/L > Manage Accounting Periods.
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Click the Checklist icon
for the period. -
On the Period Close Checklist page, click the arrow icon for the Close task.
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On the Close Accounting Period page, click Reopen Period.
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Enter text in the Justification field to explain why you are reopening the period, click Reopen Period again, and review the warning text to make sure you understand the following:
If you reopen the period, you may need to redo checklist tasks to close the period. Also, any later closed periods are automatically reopened and you may need to redo checklist tasks for those periods as well before you can close them.
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If you want to continue, click OK in the warning dialog.
The justification text is saved in a user note.
If the Allow Non-G/L Changes box is checked on a period record, you can make changes to posting transactions that do not affect the general ledger. You must have the Setup permission Allow Non G/L Changes to make these changes.