Open periods

To make changes to a closed period (such as creating or changing transactions), first re-open the period. This reopens a closed period for the Cash Management application independently of other applications. Make sure that the books for the period are open before you reopen the period.

If you open periods at the top level, leaving the Entity or entity group field blank only reopens the period for the top level. In this case, select each entity or group individually and reopen the period within the entity. However, opening periods at the top level for GL reopens the period for all entities.

To include multiple entities for opening and closing books, use a location group that's set up with the specific member entities. Groups that contain both entities and locations or that contain dynamic members do not appear in the list. This helps ensure that an invalid entity group is not selected.

Open a period

Subscription

Cash Management

User type

Business

Permissions

Period: Open

  1. Go to Cash Management or Accounts Payable > All > Subledger > Open.

  2. In the To the start of period dropdown list specify a single period or a range of periods .

    The list only contains the closed periods that you can open.

  3. In a top-level company, select an Entity or entity group.

    If you leave this field blank at the top level, only the top-level period opens.

  4. Select Open.

Field descriptions

Open a period field descriptions
Field Description

Open subledger from

The date that starts on the period after the last open period. For example, if your last closed period is Month ended February 2023, then the open date at the beginning of the next period is March 1, 2023.

To the start of period

Select the closed period to open. You can choose a single period or the ending period for the range of periods to open.

No options appear in the dropdown if the reporting books are closed. Learn how to open books for a closed period.

Entity or entity group

This field appears only for top level companies.

Select the entity or group of entities for which to open periods.

Leaving this field blank only reopens the top level. In this case, select each entity or group individually and reopen the period within the entity. However, if you open periods for the general ledger, the period is open for all entities.