Select Period End Journal Processes
This method lets you select specific subsidiaries, accounting books, or journal types for which to create period end journals.
If any of the journal processes you select have already successfully completed for this period, those processes rerun. For more information, see Rerunning Create Period End Journals Steps.
To select the period end journals to process:
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On the Task: Create Period End Journals page, click Create Journals.
A Create Period End Journals page opens to the subtab with the first type of period end journals that need to be created. The subtab lists the subsidiaries for which each type of period end journal is needed. For more information about the subtabs, see Period End Journal Creation Process.
If you have not yet run the historical balances process for an enabled subsidiary, the first subtab is Historical Balances. The process to create historical balance journals for a subsidiary must run successfully before you can create other period end journals for that subsidiary. For more information, see Historical Balances Journals.
The following screenshot shows the Balance Sheet Closing subtab, for a specific accounting book. Balance Sheet Closing is the last step of the task at fiscal year end when the subsidiary preference Create Balance Sheet Closing and Opening Journals is checked.
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Use the filters above the list of subsidiaries as desired. For example, the preceding screenshot is filtered by Accounting Book.
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Add text in the Memo field as desired or required.
The text you enter in the Memo field is copied to the header and lines of the period end journal.
When the subsidiary preference Require Memo on Period End Journals is checked, this field is marked as required.
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Check the Subsidiary box in the list header to select all subsidiaries, or check the boxes for individual subsidiaries in the list.
You can run the process for one or more subsidiaries on the subtab, in any order, regardless of the position of the subsidiary in the subsidiary hierarchy.
Note:You can check any box on any of the subtabs that have journals ready to process. If you check boxes for processes that are dependent on other processes, the required processes run automatically, even if you have not selected them. Previously completed processes are skipped.
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Click Submit.
The task page reopens with a confirmation that the process has been submitted and displays a Processing icon
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Click Refresh and repeat as needed.
When the process is complete, a link to the Processed Records is displayed with a count of the results.
If errors occurred, a message alerts you of the errors. A link to the error results page is displayed with a count of the errors for each process.
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Repeat this procedure or the Create All Journals method until no blue circles or errors remain on the task page.
