What are best practices for closing financial periods? I went to “processes » close financial periods” but we were able to still post in 2021. Having an issue with too many transaction still slipping through the cracks in periods that need to be closed and just wondering what a best practice is to cut this off?
Solved
Closing Financial Periods
Best answer by Kandy Beatty
A few things
- On the General Ledger Preferences, do you have Restrict Access to Closed Periods enabled?
- Who has Financial Supervisor User Role?
Here is also a document that I share with my clients for closing periods:
Reply
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.