Close Accounting Period For User Group

Explanation

Use this activity to close an accounting period for a user group per ledger.

Before the accounting period for a user group is closed, the following must have been completed:

The user group must not have any vouchers for the accounting period in the hold table.
If you are going to close an IL period, the corresponding GL period must be closed first.

As a result of this activity, the user belonging to the user group cannot enter postings on this accounting period.