Period closing

Enter the company code or use the Look up tool to search for and select the code.

Use this field to define the ledger type concerned by the journal balance. In this function, only Manual ledgers can be accessed.

You can read the balance on the selected ledger and balance the account for that ledger type. The propagation then initializes the accounts for the non automatic and non prohibited ledger types. This initialization process is based on the entry type setup and account setup.

The propagated amount is the one calculated on the main general ledger in transaction currency. This amount is then converted into the currency of the propagated ledgers.

When generating the journal balance, the propagation depends on the selected entry type.

If the two entry types are not consistent, the balance process must be launched on each non-propagated manual ledger where the account needs to be balanced.

Examples

Selected ledger type = Social, Generation type = Actual

In this case, when generating the balance, the propagation is global.

Selected ledger type = Legal; Generation type = Actual

Here, the propagation is incomplete. The IAS ledger is not propagated. If you want to balance the account on the IAS ledger, relaunch the balance process for this ledger type using an entry type that only authorizes IAS ledgers.

For an automatic ledger type, the amounts in transaction currency are not calculated from the balance.

They are the same as the currency amounts calculated for the original manual ledger. The ledger amounts for the automatic ledger are calculated by converting its currency amounts according to the journal entry rates.

Date range that cannot be entered, defining the period where the status is set to 'Not opened'. It is loaded by the last open period of the processed company.