Rerunning Create Period End Journals Steps
Before you close the period, you can rerun the steps of the Create Period End Journals task. Rerunning the steps deletes the previously generated period end journals and recreates them for that period.
If you add or edit transactions after you create period end journals, you must rerun the process so that your period end journals reflect the changes.
If you have previously completed the GL Audit Numbering period closing task, you need to rerun that task also. For more information, see GL Audit Numbering.
When you rerun a step in the process, only the selected period end journals are re-created automatically. Dependent period end journals are deleted, but you must run their steps again manually:
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If you rerun the Historical Balances step after other types of period end journals have been generated for the period, all period end journals in the period are deleted. Only the Historical Balances journals are created again. You must run the steps for Consolidation and Income Statement Closing (and Balance Sheet Closing if applicable) again to create those journals.
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If you rerun Consolidation for a subsidiary that has Income Statement Closing journals in the same period, all period end journals beginning with Consolidation are deleted. Only the Consolidation journals are created again. You must run the step for Income Statement Closing, and Balance Sheet Closing if applicable, for that subsidiary again.
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If you rerun Income Statement Closing and are also using Balance Sheet Closing, you must run the Balance Sheet Closing step again.
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If you rerun an early step, such as Historical Balances, and memos are not required, you can click Create All Journals to re-create the later steps.
To rerun the period end journal creation steps:
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Go to Setup > Accounting > Manage G/L > Manage Accounting Periods, and click the Checklist icon
for the open period you want to rerun. -
Click the Go To Task
icon for Create Period End Journals. -
Click Create Journals.
The Create Period End Journals page opens.
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Click the subtab for the type of period end journal you want to rerun.
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Check the box for the subsidiary you want to run, and click Submit.
The task page reopens and displays a Processing
icon. -
Click Refresh.
When the process is complete, a link to the Processed Records is displayed with a count of the results. If errors occur, a link to the error results page is displayed with a count of the errors.