Reopen a Project Period

OBJECTIVE

The Reopen a Project Period option is used to reopen periods that were closed with the Close a Period option in one or more modules, including receivables (Invoicing), payables (Time Management or Purchasing and Procurement), general ledger (Accounting) or project costing (Projects).

 

We recommend not using this option if the financial statements have been generated for the target period to prevent an out-of-balance situation.

 

PREREQUISITE 

  • Close a Period

 

Steps

 

 

Reopen a period

  1. Check or clear the desired period(s) in the Receivables, Payables, General Ledger or Project Cost columns in the Period Start and End Dates tab.

 

The General Ledger column must be cleared for the transaction to be transferred and for the accounting entry to be posted.
  1. Click Save.

 

See also

  • Open a Fiscal Year