Table of Contents
Navigating to Accounting Periods
Using Accounting Periods
Use Accounting Periods to:
Navigate to Accounting Periods and explore existing records via the Summary page. Click on the link (name or number) of the record of your interest to enter the Data Entry page and have a better look of the available information.
Use the Actions Menu to create a new (NEW)Accounting Periods, modify (EDIT) or delete (DELETE) an existing Accounting Periods. Use the PRINTOUTS link (if available) to extract or email to the customer information related to his Accounting Periods. Use the BACK link to go back to the summary page and CANCEL to cancel any unwanted changes made to the Accounting Periods. Click on ACTIONS to find out what other possibilities you have for Accounting Periods. Visit the Advanced section for a thorough description of each of the actions.
Check out the attributes table below for a thorough explanation of the information kept for Accounting Periods. Check #validations&restrictions table to find out validations and restrictions applicable when working with Accounting Periods
SCREENSHOT
Accounting Periods Validations & Restrictions
| Action | Restrictions | Validations | Additional Information | System Processing |
|---|---|---|---|---|
| Create |
| |||
| Save | ||||
| Edit |
| |||
| Delete |
Accounting Periods Attributes
Fields followed by an * means that they are mandatory
Name | Description |
|---|---|
| Number | The Accounting Period's number which is consisted by the accounting period's month and year (e.g. 201601 for January 2016 if the accounting period is a monthly one or 2016 if it is annual) |
| Name | The Accounting Period's name which is consisted by the accounting period's month and year (e.g. January 2016) |
| From date | The first day of the Accounting period's month. |
| To date | The last day of the Accounting period's month |
| Life cycle state | The Accounting Period's life cycle state. Available values are Open or Closed |
| Closed date | The date on which the accounting period was closed. This information is available only if the accounting period's life cycle state is set to Closed |
| Closed by Accounting Period | The Accounting Period which follows this Accounting Period. This information is mandatory only as long as this accounting period is in Closed life cycle state |
| Period closing performed by user | The User who initiated the Accounting Period Closing process that triggered this Accounting Period to be updated into Closed life cycle state. This information is available only if the accounting period's life cycle state is set to Closed |
| Log Information | Includes the standard log information |
| Accounting Period Closing Error Logs | A list of accounts receivable which were not successfully processed during the Accounting Period Closing process run of the specified Accounting Period. This list includes Accounts Receivables which have posted financial transactions with posting date within the Accounting Period's time frame, but these financial transactions are not related to the Accounting Period. |
Visit /wiki/spaces/WIP/pages/10010220 Accounting Periods for business examples related to Accounting Periods