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.

1. Open the Fiscal Period Setup window

2. Select the Periods to Soft Close

  1. Select the Fiscal Year.
  2. Highlight the Fiscal Periods to Soft Close.
  3. Click the Soft Close button.
2. Select the Periods to Soft Close

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.

2.1 Possible warning message

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.

3. The Fiscal Year is now Soft Closed