Setup Accounting Periods
Accounting periods need set-up for each fiscal year. You can lock monthly accounting periods as the books are reconciled. This will prevent staff from being able to enter services/information for periods that are locked.
This topic includes how to view/lock existing accounting periods and how to set-up a new accounting period.
NAVIGATION: MAINTAIN menu > Master Tables > General Ledger Tables > Accounting Periods
Add a New Accounting Period
- Each new fiscal year will need added. If this step is not completed, staff will not be able to enter services into the system.
- In the ACCOUNTING YEAR field, type the year.
- In the NUMBER OF PERIODS field, type 12.
- Add the year begin and end dates in the appropriate fields.
- Click the CREATE PERIODS icon. The monthly accounting periods will all be generated with an OPEN ALL status.
View/Lock Existing Accounting Period
- In the ACCOUNTING YEAR field, click the browse button to view the periods that are set-up. Double click on the year you want to view.
- The grid will populate the periods set-up.
- To LOCK a period, click the LOCKED drop down, and select LOCKED ALL.
- Click SAVE.
VIDEO: How to Setup Accounting Periods
3/2022