Closed Accounting Month

Overview 

Use this feature to prevent posting activity for months that have already been closed. It also allows you to apply a transaction cutoff date on reports such as 09.01 Source of Revenue.

Enable the Feature

1. Go to Codes > Security > Global Settings > Misc.
2. Update 0535 to True.

Access the Screen

1. Go to Accounts Receivable > Post Payments > Close the Accounting Month.
2. The system will automatically build a list of recent closed months and cutoff dates.

Manage Closed Months

Use the options below to manage your closed months:

1. Remove a Month: Select the closed month and click Remove This Date Closed (only most recent month can be removed).
2. Update a Cutoff Date: Select the month, update the Date Closed at the top, then click Save This Date Closed.
3. Add a New Month: Click Close The Next Month, select the cutoff date, and save.