Close financial periods (AR509000)

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

You can use this window to close active financial periods in the Customer ledger workspace, which is a prerequisite to closing a period in the General ledger workspace.
The 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.

Generally, posting transactions to closed periods is not allowed.
To allow posting to closed periods, select the Allow posting to closed periods check box in the General ledger preferences (GL102000) window.

The window toolbar

Button	Description
Close periods	Initiates the process of closing the selected financial periods. The green OK icon appears if the closing operation was completed successfully. The red icon indicates that the operation was cancelled because some necessary conditions were not met.
Unreleased documents	Opens the Unreleased customer ledger document report so you can view documents that are not released in the selected period (documents that have On hold, Balanced, Pending print, or Pending email status).

The table

This table displays all currently active financial periods for the earliest year that has active periods.
A period can be closed only if there no documents with the On hold, Balanced, Pending print, or Pending email status to be posted to this period. You select one or more periods for closing and click Close periods.
When you close a given financial period, all preceding active periods will be closed as well.

Column	Description
Period	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.