Period closing balance ctrl.

Set this parameter to Yes to activate account balance controls when closing one or a group of periods. These controls are also reflected in the CLOPER - Pre-closing verification report.

Controls include:

• Balance verification and general ledger verifications are triggered and can generate blocking messages.
• If active, general balance and pre consolidation balance are checked.
• The account balance sign is checked and can generate a warning message if it’s not consistent with the account setup.

The default value is No. In this case, these controls and checks are performed only when closing the last period of each company, ledger type, and fiscal year.

See the types of controls implemented when closing periods.

If you are closing a large volume of periods, implementing these controls could impact performance.

Level of localization/Global variable

This parameter is defined at the level Company. It belongs to Chapter CPT (Accounting) and the Group CLO (Closing operations), The following parameters are also associated with this chapter and group :

• AUTREVIMP (Automatic reversal of impairment)
• BDTDR (Bad debt date filter rules)
• BDTMGT (Bad debt management rules)
• CNVTYPACC (Currency variance doc type)
• FIFRC (FIFO rate calculation)
• GAUBDTDOU (Bad debts - Doubtful debts)
• GAUBDTDWO (Bad debts - Write-off)
• GAUBDTIPR (Bad debts - Impairment)
• GAUCCA (Expense accruals journal)
• GAUCNV (Conversion variance journal)
• GAUFIFRC (FIFO conversion rates journal)
• GAUPCA (Revenue accruals journal)
• SVCCLOPER (Period closing accruals ctrl.)
• TYPGNRSVC (Accrual generation type)
• VCRTYPSVC (Accruals entry type)

No global variable is associated with it.

Functions concerned

The following functions are associated with this parameter :

  Common data > General accounting tables > Multi-company period closing

  Common data > General accounting tables > Periods

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