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In the Manage Period Close Rule panel, you can change one or more period close rules. Period close rules determine how the system assigns the accounting date for entities with an accounting period rule that use the Trade Date + 1 Business Day (T + 1) approach. Changing period close rules allows you to define the event types that Eagle includes or excludes when it assigns accounting dates according to the T + 1 accounting period rule specified for the entity. By default, Eagle includes all events types for each available Message Type/Message Subtype grouping , 

You do not need to add period close rules. You can change the period close rules in order to include or exclude specific types of processing activity from period close processing.

To change a period close rule:

  1. In Accounting Center, in the left navigation pane, click Setup Ledger > Period Close Rule > Manage Period Close Rule.
    You see the Manage Period Close Rule panel.
  2. In the Please Select Action field, select Change Period Close Rule(s).
  3. Click Submit. 
    You see the period close rules in the Show All tab.
  4. Select the row for one or more period close rules that you want to change, and click Change Selected Period Close Rules.
    You see each rule you selected in the Change Selected Period Close Rules tab.
  5. Change the rules and click Submit.
    You can change the following information for each rule:  Assignment Rule and Period Close Rule. The remaining fields describing the rule are locked and are for information only.
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