A financial period close is performed to preserve the financial information that has been reported on, internally and externally. To lock down the financial data, Unanet provides a fiscal period close function. This can be found on the General Ledger menu of the Financials dashboard.
- Run the Post Processes in the Financials-Invoicing and Posting area to ensure that nothing remains to be posted for the period in question.
- Navigate to the Financials > General Ledger > Fiscal Period Close dashboard.
- Click on the Calendar Icon of the Legal Entity for which you would like to close a period.