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Opening a Closed month
How to open a closed month
If you need to go back to a prior closed month, there are a few considerations.
If you need to go back to a prior closed month, there are a few considerations.
- Is the month you need to re-open in the current fiscal year? A month in the previous fiscal year can’t be re-opened in the current fiscal year.
- Have monthly reports been sent into the funding sources? Depending on what is being changed in the month, it can cause the reports to change.
- Adding/removing data from the month to be re-opened will cause the following months financials to change.
- Go to Tools, Organization. Click on Edit and change the current period to the month needed and save.
2. Run Post all Allocations on the General Ledger, Monthly processing, Cost Allocation menu.
3. Run Post all Financials on the General Ledger, Monthly processing, Financial reports menu.
4. (If used) Go to Tools, User setup, Month End Period and change the Posting Period to the month before the month being re- opened and save.
3. Run Post all Financials on the General Ledger, Monthly processing, Financial reports menu.
4. (If used) Go to Tools, User setup, Month End Period and change the Posting Period to the month before the month being re- opened and save.
