Soft Close a Fiscal Period or Fiscal Year
When you Soft Close a Fiscal Period or Year, you can still reopen (i.e. Soft Open) it if needed.
1. Open the Fiscal Period Setup window
Navigate to General Ledger ➤ Fiscal Period Setup.
2. Select the Periods to Soft Close
- Select the Fiscal Year.
- Highlight the Fiscal Periods to Soft Close.
- Click the Soft Close button.
2.1 Possible warning message
If you have UNPOSTED transactions in any of the Fiscal Periods you are trying to Soft Close you may see a similar message.
You can either Cancel and post the transactions or Continue and post them at a later date after using the Soft Open feature.
3. The Fiscal Year is now Soft Closed
When the Fiscal Periods have been Soft Closed they will appear in red and the Close Date column will be populated.
If you need to make any changes to a Soft Closed period, you can reopen the period(s) by highlighting them and clicking the Soft Open button.
