Period close rules determine how the system assigns accounting dates when it processes transactionsdetermines accounting dates during processing. The accounting date is the date on which the system accounts for, or posts activity to, the accounting ledger. Period close rules provide consistency in the way the system determines the accounting date during different types of processing, such as trade processing, income processing, unrealized gain/loss processing, and so on.
- About Period Close Rules
- Set Up Entities for Period Close Rules
- List Period Close Rules
- Manage Period Close Rules Panel Options
- Change Period Close RulesChange Selected Period Close Rule Panel Options