Close financial periods (FA509000)

This topic gives you information about the elements that you find in this window in Visma.net ERP, such as fields, field values, buttons, and check boxes.

By using this window, you can close active financial periods in the Fixed assets workspace.
A financial period can be closed in the General ledger workspace only if it has been closed in the Supplier ledger, Customer ledger, Cash management, Inventory, and Fixed assets workspaces.
When you close a given financial period, all preceding active periods will be closed as well.

Generally, posting transactions to closed periods is not allowed.
It can be permitted if the Allow posting to closed periods option is selected in the General ledger preferences (GL102000) window.

The window toolbar

Button	Description
Close periods	Starts the process of closing the selected financial periods. The green OK icon appears if the closing operation has completed successfully. The red icon indicates that the operation was cancelled because critical conditions were not met.
Unreleased documents	Opens the Unreleased fixed assets documents (FA651000) report, which shows you the documents that must be closed before you can close the financial period.
Show fixed assets	Opens the Non-depreciated fixed assets (FA652000) report to display open documents for the period. This action is available for only periods that have open documents.

The table

The table of periods displays all currently active financial periods for the earliest year that has active periods.

Select one or more periods for closing, and then click Close periods.

A period can be closed only if there are no documents with the On hold, Balanced, and Released statuses to be posted to this period.

Column	Description
Financial period ID	The identifier of the financial period.
Description	The description of the financial period.
Active	A check box that indicates (if selected) that the financial period is active.