Hard Close a Fiscal Year (permanently!)
When you Hard Close a Fiscal Year, you can not open it again.
A Hard Closed year is permanent. If you have any doubts about whether a Hard Closed Fiscal Year is what you want, you might want to review the lesson on how to Soft Close a Fiscal Period or Year.
A Soft Closed Fiscal Period can still be reopened and modified via the Soft Open feature.
1. Open the Fiscal Period Setup window
Navigate to General Ledger ➤ Fiscal Period Setup.
2. Select the Fiscal Year
Use the Fiscal Year drop-down list to select the year that you want to Hard Close. THIS WILL BE A PERMANENT CLOSURE.
Select Close Existing Year from the bottom of the list.
3. Close the Fiscal Year
4. Confirm the Hard Closed Fiscal Year
If you click Continue on this window, you will not be able to enter or change any transactions from this Fiscal Year. (THIS WILL BE A PERMANENT CLOSURE.)
5. The Fiscal Year is now Hard Closed (PERMANENTLY!)
You will know the Fiscal Year has been Hard Closed when you see the Soft Close and Soft Open buttons are grayed out. THIS CAN NOT BE UNDONE.
Note: If you have any doubts as to whether or not a Hard Closed Fiscal Year is what you want, you might want to review the article on how to Soft Close a Fiscal Period or Year.
