Re-Opening an Accounting Period

Before re-opening any accounting period, you should be aware of the business impact of changing transaction details for closed periods.

To re-open a closed accounting period:

1. Go to the Setup drop down.

2. Go to Accounting.

3. Select Manage Accounting Periods.

4. Click the Checklist icon against the relative period.

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1. Click the Go to Task icon.

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1. You will need to enter a justification for re-opening the period. Again, you will need to be aware of the business impacts of re-opening a period and making changes. Please speak with your company’s financial controller before making any changes.

2. Click the Re-Open Period button.

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Important: Please be aware you will need to go through the accounting period checklist as outlined in Account Period Closing Checklist once you have made your amendments.

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