AM-A Reset General Ledger Close Date

Purpose of Program

Use this program to reset your Open Period Start Dates and Open Period End Date. General Ledger posting will not be allowed from any programs in the system prior to the Start Date and after the End Date.  The Close Date therefore should be set for the first day of the current open period  and the End Date set to the last day of the open period.  This prevents accidental posting to a closed period due to entry error.  If you wish to purposely post to a closed period, simply change this date, post your transaction, then reset this date.    There are 2 open period Start Date values.  The Open Period Start Date controls all activity unless defaults settings are enabled for GL-B  Enter/Post General Journal Trxns, AP-B  Enter Vouchers and AR-C Record Payments to use the Accounting Open Period Start Date which allows Accounting to continue posting to the prior period keeping it closed to all other transactions.

General Program Operation

Enter the new GL Close Date and End Date .  The day of the week will automatically display in the next field.  If this is the date you want, enter Y in the next field and the date will be reset.  For Future Posting control, a P means that no transactions later than the Period End Date can be posted.  A G means that Journal entries in GL-B are allowed but transactions from other modules are not.