Accounts Payable Period Closing

Payable ManagerViewRequestsSubmit a New RequestSingle RequestCreate Accounting

Click on submit
Once the request will be completed, run another request as below
Payable ManagerViewRequestsSubmit a New RequestSingle RequestTransfer Journal Entries to GL

Click on submit
Once the request will be completed, run another request as below
Payable ManagerViewRequestsSubmit a New RequestSingle Request Period Close Exceptions Report (XML)

Click on submit. Once the request will completed, click on view output and the system will generate a report of all
exceptions in that particular month
Once you will resolve all the exceptions, run Create Accounting and then Transfer Journal Entries to GL
Now close the period as under
Payable ManagerPeriodOpen/Close AP Accounting Period
Go to your desired period you want to close and change the option from Open to Close

If there will be no exception system will not give any error message and you may save and hence the AP period will be
closed. If there will be any exception you will have to run the exception report again to determine the further exceptions

Accounts Receivables Period Closing

Receivable ManagerViewRequestsSubmit a New RequestSingle RequestCreate Accounting

Click on submit
Once the request will be completed, run another request as below
Receivable ManagerViewRequestsSubmit a New RequestSingle RequestTransfer Journal Entries to GL
Click on submit
Now close the period as under
Receivable ManagerOpen/Close Accounting Period
Go to your desired period you want to close and change the option from Open to Closed
If there will be no exception system will not give any error message and you may save and hence the AR period will be
closed. If there will be any exception you will have to run the Create Accounting, view output and check the errors.
Resolve the errors and run Create Accounting and Transfer Journal Entries to GL and then try to close the period
This ends the AR period closing process
General Ledger Period Closing
General Ledger Super UserOpen and Close Periods
Go to your desired period you want to close. Change the option from Open to Closed and Save