Performing Period-End Procedures in AR

Although you can close financial periods in the AR subledger and in the general ledger at the same time, you may decide to close periods in the AR subledger separately in your system. On the Manage Financial Periods (GL503000) form, you can find information about the status of periods.

Before you close a period in the subledger, you should make sure that there are no unreleased documents that are to be posted to this period. To close periods, you use the Close Financial Periods (AR509000) form.

When you close a given financial period in the AR subledger, all preceding open periods will be closed in the subledger as well.